The oil pipeline to Hungary may be excluded from the sanctions package.
EU ambassadors will meet today to possibly agree on a sixth package of sanctions against Russia, including a compromise” oil embargo “, said journalist Ricard Jozwiak.
He clarified that the compromise includes only oil transported by ships.
Eu ambassadors meet later this afternoon to possibly agree on the 6th sanctions package on #Russia, including a compromise “oil embargo” which only includes shipped oil. #Ukraine
– Rikard Jozwiak (@RikardJozwiak) May 29, 2022
The logistically risky and expensive transfer of oil between tankers to the sea shows what steps at least one Chinese buyer is willing to take to ensure a smooth supply of oil from eastern Russia to Asia.
Bloomberg writes that according to shipping companies, buyers are using creative approaches to support flows, as more and more shipowners are avoiding Russian oil due to the possible consequences of financial sanctions. Small vessels are used to transport between the Russian port of Kozmino and the waters of Yosa in South Korea, where oil is transhipped to supertankers for the next leg of China.
At the stage of negotiations in the EU it was proposed to ban the sea transportation of Russian oil, as well as to temporarily remove from the draft embargo against Russia oil pipeline” Friendship “. It is the main source of crude oil imports to Hungary. Therefore, Hungary did not support the new package of restrictions against Russia.
Such a proposal would give Hungary more time to find a technical solution that would meet its energy needs. The new draft embargo should also take into account the problems of other landlocked countries, including Slovakia and the Czech Republic. petroleum products for eight months.
The transition period for Bulgaria will last until June or December 2024, and for Croatia it has been proposed to make an exception and keep the import of vacuum gas oil.
members or third countries.
Read also: Oil embargo from Russia: what alternatives are being considered in the EU and the US, and what are the difficulties
Will the clause on full embargo on Russian gas in the next package of Western sanctions? Why has Europe become dependent on Russia? About this and other things in the material Mikhail Gonchar “Europe in Russia's energy trap: how to overcome dependence?” .
See the special topic: Kalush Orchestra sold the” Eurovision “award for $ 900 thousand for the Armed Forces The musicians held an auction. Zelensky fired the head of the SBU of Kharkiv region for not working to protect the city from the first days The president thanked the leadership of the region and the city for effective work during the war. EU foreign policy chief discusses extension of sanctions against Russia with Kuleba The EU continues to promote military aid. Ukrainian military shot down two air targets of the occupiers over Sumy region Probably enemy UAVs. The EU has not agreed on 6 packages of sanctions against Russia – Media There will be a new meeting.
