Particle.news
Download on the App Store
10 ARTICLES
·
24m ago

EU Moves on 19th Russia Sanctions, Proposes Ban on Russian LNG

The plan still needs unanimous approval from EU governments.

Denmark’s Foreign Minister Lars Lokke Rasmussen speaks with Slovakia’s Foreign Minister Juraj Blanar during a meeting of NATO foreign ministers at the Czernin Palace, in Prague, Czech Republic, May 31, 2024. Peter David Josek/Pool via REUTERS/File Photo
Image
Image
Image

Overview

  • The European Commission outlined a 19th sanctions package that would ban imports of Russian LNG into EU markets and target refineries, oil traders and third‑country refineries, as well as sanctions‑busting financial channels.
  • A draft seen by POLITICO would end all EU purchases of Russian LNG by 2026, accelerating earlier timelines and requiring agreement from all member states, with resistance expected from Hungary and Slovakia.
  • Ursula von der Leyen indicated she wants an even faster phase‑out of Russian oil and gas by the end of 2025, noting that any acceleration depends on approval by EU capitals.
  • The Commission is also preparing higher tariffs on remaining Russian oil imports, with details to be presented as part of the package, according to an EU spokesperson and von der Leyen’s remarks.
  • Von der Leyen and President Donald Trump met at the UN General Assembly and agreed to move quickly to cut Russia’s fossil‑fuel revenues, underscoring tighter transatlantic coordination.