Sanctions

The parties are negotiating to replace the cap on the price of Russian oil with a complete ban on its maritime transport.

The State Customs Service of Ukraine has developed and implemented specialized software “Sanctions of Sea Vessels”, which allows customs authorities to identify sanctioned vessels.

Romania’s coalition government has approved a decree that allows it to take control of the local assets of sanctioned companies, including Russia’s Lukoil.

Ukraine has provided the EU with detailed information on vessels, captains, operators, oil recipients and refineries involved in sanctions circumvention schemes.

Ukraine has synchronized sanctions with the United States and introduced restrictions against Rosneft, its enterprises, as well as companies that are part of the Lukoil group.

A sanctioned vessel was prevented from entering the port of Paradip, India, due to a delay in online confirmation of the policy from a Russian insurer.

The Union of Ukrainian Organizations of Australia has announced a protest in Sydney, demanding that the authorities and businesses stop the import of petroleum products originating from Russia.

Ukrainian Prime Minister Yulia Svirydenko has called on international partners to expand sanctions against Russia’s “shadow fleet.”

The Sanctions Summit was held in Kyiv, where the fight against the so-called shadow fleet of the Russian Federation and blocking of sanctions circumvention schemes were discussed.

Russian oil refineries in Bulgaria and Serbia, which have been hit by sanctions, may change owners.