USD
41.5 UAH ▲0.42%
EUR
43.68 UAH ▼0.02%
GBP
52.32 UAH ▲0.13%
PLN
10.14 UAH ▲0.48%
CZK
1.73 UAH ▲0.02%
The proposal to stop oil use with the Russian Federation will become part of the...

New Sanctions against Russia: EU proposes to stop transporting Russian oil - the media

The proposal to stop oil use with the Russian Federation will become part of the 11th EU sanctions package after Russia's invasion of Ukraine. It will require the support of all Member States and can change before it happens as the negotiations continue. The EU can refuse to supply Russian oil pipeline "Druzhba". At this stage, this concerns the supply of "black gold" to Germany and Poland, said Bloomberg Media on Friday, April 12.

The media with reference to documents that were at the disposal of the editorial board writes about the EU's proposal to formally stop the supply of oil to these two countries, which were allowed to ignore EU sanctions and continue to use oil from the Russian Federation. In practice, both companies in Poland and Germany have already stopped taking oil to the northern plot of Druzhba Pipeline. In this way, they made a promise to reduce oil costs.

It should be noted that these two countries imported an average of about 480,000 barrels a day through friendship in 2022. Three countries in the southern plot on average accounted for almost 290,000 barrels a day, and this level has decreased slightly this year.

At the same time, if the EU officially supports the proposal to stop oil transit from the Russian Federation, exceptions that allow flows through the southern branch of the line providing Hungary, Slovakia and the Czech Republic will remain. In addition, the transit of the oil pipeline from Kazakhstan will be stored. It is not a ban on because imports from other third countries are allowed, including in the case of oil transit through Russia.

We will remind, on May 10 it became known that in Switzerland frozen assets of the Russian Federation by almost $ 8. 3 billion. According to the Swiss Ministry of Economy Prescriber, the country's authorities consider it legally possible to use the money of the Central Bank of the Russian Federation for the restoration of Ukraine after the war. And on May 8, the media wrote that the European Union would cover ports for ships that carry Russian oil bypassing sanctions.