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Anti-Russian sanctions

EU expands restrictions for oil and LNG equipment supplies

The European Union does not authorize its companies to supply to Russian gas cooling and liquefaction equipment, equipment for hydrocarbons fractionation in LNG production and oil refining process

BRUSSELS, April 11. /TASS/. The fifth sanction package of the European Union effective since April 8 expanded the ban for the European business on supplies of oil refining and liquefied natural gas (LNG) production technologies to Russia, according to the Resolution of the EU Council on the new package of sanctions and annexes to the decision.

The EU introduced restrictions for deliveries of equipment and technologies for oil and gas production in July 2014 for the first time and expanded wordings and the list of equipment banned for supplies since then.

According to the annex to the resolution, the EU does not authorize its companies to supply to Russian gas cooling and liquefaction equipment, equipment for hydrocarbons fractionation in LNG production and oil refining process and the broad range of chemical equipment for different oil refining phases.

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