The embargo on russian oil and oil products has entered into force

The embargo on russian oil and oil products has entered into force


On February 5, sanctions on the import of russian oil products to the EU began to apply.

On Sunday, February 5, a ban on the import of petroleum products from russia into the European Union came into force. In particular, we are talking about gasoline, diesel, kerosene, oil and fuel oil. The basis for the restrictions were sanctions approved by 27 member states in June 2022.

The Council of the EU notes that a transition period of 55 days is provided for vessels carrying russian petroleum products that were purchased and loaded before February 5, 2023 and will be unloaded before April 1, 2023.

Also, on February 5, the mechanism for determining the limit prices for sea transportation of russian oil to third countries came into force, writes Deutsche Welle.

A limit price of $45 per barrel was set for petroleum products traded at a discount to crude oil. The $100 per barrel price refers to highly refined petroleum products that trade at a premium to crude oil.

As previously reported by USM, since the beginning of January 2023, seaborne exports of russian raw oil have grown in all directions виріс у всіх напрямках..

Як раніше повідомляв USM, з початку січня 2023 року морський експорт російської сирої нафти