19th EU sanctions package details
>Russia’s war economy is fueled by fossil fuel revenues. We are seeking to reduce these revenues.
>That’s why we are banning imports of Russian LNG into European markets. It’s time to turn off the tap.
>We have lowered the ceiling price for oil to $47.60.
>To strengthen sanctions, we are adding 118 vessels from the shadow fleet. In total, more than 560 vessels are already under EU sanctions.
>Rosneft and Gazprom Neft are under a complete ban on operations, while the others are under an asset freeze.
>We are targeting refineries, traders and petrochemical companies in third countries, including China.
>In three years, Russia’s oil revenues in Europe have fallen by more than 90%. Now we are finally turning the page.
>Secondly, we are targeting the financial loopholes that Russia uses to evade sanctions.
>We are imposing a ban on operations for additional banks in Russia and in third countries. We are stepping up the fight against sanctions evasion.
>For the first time, our restrictive measures will affect crypto platforms and prohibit transactions with cryptocurrencies.
>Third, we are adding new direct export restrictions on goods and technologies used on the battlefield.
>We have also designated 45 companies in Russia and in third countries.