Sixth package of EU sanctions provides for phasing out of Russian oil – statement
The sixth package of EU sanctions provides for the phasing out of Russian oil, in particular from six months for crude oil to eight months for other refined petroleum products, the European Council reported.
"The EU decided to prohibit the purchase, import or transfer of crude oil and certain petroleum products from Russia into the EU. The phasing out of Russian oil will take from six months for crude oil to eight months for other refined petroleum products," a press release posted on the website of the European Council on Friday reads.
A temporary exception is foreseen for imports of crude oil by pipeline into those EU member states that, due to their geographic situation, suffer from a specific dependence on Russian supplies and have no viable alternative options.
"Moreover, Bulgaria and Croatia will also benefit from temporary derogations concerning the import of Russian seaborne crude oil and vacuum gas oil respectively," the European Council said.
Advertising
Advertising
MORE ABOUT
Treaty on Ukraine's membership in EU should not include any restrictions regarding territorial application – Stefanishyna
21:10, 10.05.2024
Cabinet authorizes Emergency Service to perform functions of national coordinator of Ukraine's participation in EU Civil Protection Mechanism
20:03, 10.05.2024
Zelenskyy calls for increasing cooperation between communities of Ukraine, Europe
13:42, 09.05.2024
EU Ambassadors agree to use proceeds from immobilized Russian assets for Ukraine's defense, reconstruction
17:48, 08.05.2024
EU ambassadors to consider Ukraine Plan needed for Ukraine Facility, May 8
20:42, 07.05.2024
LATEST
Farmers sow 4.32 mln ha with spring crops for 2024 harvest
20:50, 10.05.2024
Ukraine increases exports of scrap metal by more than half in Jan-April
20:39, 10.05.2024
After attacks on May 8 D.Trading increases electricity imports fourfold
19:31, 10.05.2024
Epicenter records 4.5-fold increase in demand for charging stations
19:09, 10.05.2024
Inflation in Ukraine in April 2024 falls to 0.2%, y-o-y remains at 3.2% – statistics