European Commission President Ursula von der Leyen announced on
Friday that the Commission adopted the decision to ban all imports
of Russian liquefied natural gas (LNG) as part of its 19th package
of sanctions. “We are prepared for this, we have been saving
energy, we have been diversifying supplies, we have been investing
in low-carbon sources of energy like never before,” she said,
Azernews reports.
In addition, the EU is lowering the price cap on Russian crude
oil to $47.6 and sanctioning another 118 vessels in the so-called
shadow fleet, which circumvent sanctions by transporting Russian
oil. Russian energy trading companies Rosneft and Gazpromneft will
be under a full transaction ban, while additional companies will
see their assets frozen. Von der Leyen added the EU will target
refineries, oil traders and petrochemical companies in third
countries importing oil from Russia, including China. The EU is
also cracking down on other ways to circumvent sanctions, including
imposing measures against crypto platforms for the first time.
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