European Union countries have approved new sanctions on Russia, including a ban on the transshipment of Russian LNG to third countries.
EU Ambassadors agreed a ‘substantial’ 14th package of sanctions in reaction to the Russian aggression against Ukraine, which included new targeted measures designed to close loopholes. But it falls short of a full ban on EU states purchasing LNG.
EU Commissioner for Energy, Kadri Simson, said, “For the first time it includes targeted measures on LNG, which is key to strip Russia of further energy revenues.”
European Commission President Ursula von der Leyen said it was a “hard-hitting package” that will further deny Russia access to key technologies and strip it of further energy revenues.
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