Europe

The EC has officially announced a total ban on oil imports from Russia.Still, at least four states are against it – Romanian Journal

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European Commission President Ursula von der Leyen today argued against Russia’s gradual oil embargo, sanctions on its top banks, and Moscow’s invasion of Ukraine. Proposed to ban from European radio waves. Reuters Report.

If approved by the EU government, this plan points to a turning point in the EU block that depends on Russia’s energy and needs to find alternative energy sources.

“Today we propose to ban all Russian oil from Europe. Putin has to pay a high price for his brutal attack.“The European Commission President Ursula von der Leyen told the European Parliament in Strasbourg.

“We are working on Russia’s dependence on oil. And let’s be clear. It’s not easy because some member countries are heavily dependent on Russia’s oil, but we Just have to do that.“She added.

However, EU officials have failed to reach an agreement on an embargo on oil and petroleum products imported from Russia on Wednesday, and a new meeting is scheduled for Thursday, according to Reuters sources.

Bulgaria, Hungary, Czech Republic and Slovakia are one of the opposing countries. According to the European Commission’s documents referenced by the EFE, the European Commission has proposed exceptions to Hungary and Slovakia, so the embargo will be applied to other member states one year later.

Slovakia demanded a three-year exemption, but Hungary said it would not support the Commission’s proposal in its current form because of its serious impact on energy security. Hungary’s Foreign Minister Peter Sijart said Hungary could only support the proposed measures if oil imported from Russia through the pipeline was exempt from sanctions. Bulgaria, as part of it, said it would seek an exception to Russia’s oil embargo from the European Commission. Bulgaria’s Deputy Prime Minister Asen Vasilev said that Bulgaria could technically be done without Russian oil, but such an embargo would have the effect of significantly raising fuel prices. The Czech Republic, like Slovakia, says it can demand an exemption period of two to three years, during which time it can increase the capacity of its oil pipelines.

The sanctions exempt Hungary and Slovakia and provide for the phasing out of European procurement for a period of 6 to 8 months by the end of 2022.

According to European officials, these two landlocked countries are completely dependent on delivery via the Drujiba pipeline and will be able to continue purchasing from Russia in 2023. Russia exports two-thirds of oil to the EU.

In 2021, Russia supplied 30% of crude oil and 15% of petroleum products purchased by the EU, with claims amounting to $ 80 billion, said European Foreign Minister Josep Borrell.

In addition to this gradual embargo, member states are also considering emergency measures such as tanker transport taxes, according to European authorities.

The new sanctions package also includes excluding other Russian banks from the Swift interbank system and including the EU’s blacklist of banned people as advertisers of the Russian regime and perpetrators of disinformation. .. Swift has already excluded seven Russian banks from the EU. According to some diplomatic sources, Sberbank, Russia’s largest bank, which occupies 37% of the market, will be one of the excluded banks.

The EC is also proposing sanctions against Russian Patriarch Kirill

According to a document consulted by the AFP on Wednesday, the European Commission is proposing to sanction Bishop Kirill, the head of the Russian Orthodox Church, in a sixth package of measures to respond to the war in Ukraine.

The new list, which needs to be approved by the member states of the European Union, includes 58 people, including many Russian soldiers. The list also includes the Kremlin spokesman Dmitry Peskov’s wife, daughter, son, and Rothcomnazol telecommunications regulator Andrey Lipov.

Sanctions consist of banning access to the European Union and freezing assets held on its territory. Over 1000 people are already on the European blacklist.

https://www.romaniajournal.ro/politics/ec-officially-announces-total-ban-on-oil-imports-from-russia-yet-at-least-four-states-are-against/ The EC has officially announced a total ban on oil imports from Russia.Still, at least four states are against it – Romanian Journal

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