The package, the 14th since Russia’s full-scale invasion of Ukraine, will see a ban on re-exports of Russian Liquefied Natural Gas (LNG) in the EU, but will not include a ban on imports of Russian seaborne oil as some member states still import gas from Russia via Ukraine.
EU diplomats said on Thursday that the package also sanctions three Russian LNG projects and allows Sweden and Finland to cancel existing Russian LNG contracts.
Posting on X, European Commission President Ursula von der Leyen said: “This hard-hitting package will further deny Russia access to key technologies.
“It will strip Russia of further energy revenues and tackle (President Vladimir) Putin’s shadow fleet and shadow banking network abroad.”
Belgium, which currently holds the rotating EU presidency, added that the package “maximizes the impact of existing sanctions by closing loopholes.”
The sanctions package also saw tankers added to the list, as well as at least two Russian-owned ships moving military equipment from North Korea.
The package, which adds 47 new entities and 69 individuals to the sanctions list, brings the total number to 2,200.