14:12 19.09.2024

European Parliament calls for Russian LNG embargo, sanctions against Gazprom – resolution

3 min read
European Parliament calls for Russian LNG embargo, sanctions against Gazprom – resolution

The European Parliament (EP) has called on the European Union to impose a full embargo on Russian liquefied natural gas and sanctions against Gazprom and Russian oil companies.

The call is contained in a resolution adopted on Thursday in Strasbourg during a plenary session of the European Parliament with 425 votes in favour, 131 against and 63 abstentions. A total of 619 deputies cast their votes.

"[The EP] calls for a full embargo of Russian liquefied natural gas and sanctions against Gazprom and Russian oil companies; calls for the EU to impose the requirement that Arc-7 ice-class vessels exporting Russian liquefied natural gas be included on the sanctions lists of the US Office of Foreign Assets Control and of the EU, denying them access to ports or Western maritime services; calls for the EU and its Member States to impose targeted sanctions on maritime vessels used by Russia to circumvent sanctions on its oil and gas exports and servicing of its energy projects in the Arctic," the document states.

According to the resolution, "the impact of existing sanctions and of financial and military support to Ukraine will continue to be undermined as long as the EU allows Russian fossil fuels to be imported."

In addition, the EP calls for a ban on importing Russian grain, potash and fertilisers, as well as raw materials, including aluminium, steel products, uranium, titanium, nickel, wood and wood products, and gas and oil.

"[The EP] calls for the EU and the Member States to introduce a full ban on re-exported Russian refined oil products; calls, furthermore, for the implementation of 'rules of origin' documentation, which would ensure the true origin of oil products imported to the EU," the document states.

The EP calls on the G7 countries to more effectively enforce the price cap imposed on Russian seaborne oil and to crack down on the loopholes used by Russia to repackage and sell its oil at market prices.

"[The EP] calls for the EU and its Member States to exercise strict control over Russia's 'shadow fleet,' which, in addition to violating EU and G7 sanctions, poses an immense ecological threat to the ecosystem as a result of its technical deficiencies and frequent breakdowns," the resolution says.

The EP Calls on the Council of the EU to maintain and extend its sanctions policy against Russia and Belarus and non-EU countries and entities providing the Russian military complex with military and dual-use technologies and equipment.

In addition, the EP condemns Iran's recent transfer of ballistic missiles to Russia; urges the Member States to further broaden and strengthen the sanctions regime against Iran and North Korea in view of these countries' military support for Russia's war of aggression against Ukraine, and to add additional Chinese entities and individuals to the EU sanctions list for their support to Russia's defence and security sector.

The document also contain a call on the Council to systematically tackle the circumvention of sanctions by EU-based companies, third parties and non-EU states.

"[The EP] calls on the Council to design a new horizontal sanctions regime to counter this circumvention, which will require a more general and holistically applicable instrument to target circumvention in all regimes implemented by the EU," the document states.

The EP Calls for sanctions on Russia's nuclear sector and targeted sanctions against perpetrators of violations of nuclear safety and security at the Zaporizhia nuclear power plant.

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