Bloomberg learned about the EU plan to reject the ban on the transportation of Russian oil
The main role in the decision to abandon the ban on the transportation of Russian oil by EU vessels was played by the lack of a common position among the G7 countries, writes
The European Union intends to soften the sixth package of sanctions against Russia, in particular to abandon the proposed ban on the transportation of Russian oil to third countries by EU ships, Bloomberg writes citing sources.
At the same time, the ban on insurance of ships with Russian oil is still being discussed and will be a serious obstacle to exports, if approved, according to sources.
The lack of a common position among the G7 countries played a major role in the decision to abandon the ban on the transportation of Russian oil by European ships. Thus, Greece, whose economy is largely dependent on shipping, acted to exclude this provision from the sanctions package, the agency reported.
However, according to sources, the remaining provisions in the package will still significantly complicate Moscow’s position, since the to provide insurance will cover most of the world's fleet of oil tankers carrying Russian oil.
The day before, Bloomberg reported that EU permanent representatives met to discuss new sanctions against Russia, but did not reach an agreement.
The head of the European Commission, Ursula von der Leyen, said earlier that the sixth package of sanctions should include the rejection of Russian oil by the end 2022 and the disconnection of a number of banks from SWIFT. Bloomberg and Reuters also reported that Brussels is proposing to ban European courts from providing services related to the transportation of Russian oil to third countries.
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In order for the package to be accepted, all 27 EU countries must agree on it. As the agency wrote, the meeting participants failed to get Hungary's consent to a ban on Russian oil imports, while Greece and Cyprus have not yet supported restrictions on oil transportation.
Ukrainian President Volodymyr Zelensky pointed out that the European Union does not have a single positions on the adoption of part of the sanctions against Russia. He urged the EU to take a unified position.
Hungarian Foreign Minister Peter Szijjarto said on May 6 that Budapest would not allow the EU to impose an embargo on Russian oil, as this would undermine the security of the country's energy supply and its economy .
According to him, the country is ready to defend its economic achievements until the EU plan to impose an embargo on oil from Russia “collapses”.
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