EU Examines 24-Month Wind-Down or Scrapping of LNG Sanctions to Unblock 21st Russia Package
The European Union is preparing to review three options for a stalled 21st sanctions package on Russia, including a 24-month phaseout period for certain restrictions, eliminating the measure entirely, or withdrawing the whole package, according to anonymous officials familiar with private deliberations.
The proposal stalled last week when Greece blocked provisions to curb European firms from transferring Russian liquefied natural gas to third countries. Negotiations face further delays over oil price caps and trade exemptions as member states remain divided on the enforcement details.
From the sources (3 posts)
@staunovoThe European Union is set to discuss at least three possible scenarios for getting out of an impasse over its latest package of sanctions on Russia, according to people familiar with the matter. The package, the bloc’s 21st since Moscow’s
@oilandenergyThe EU's proposed 21st sanctions package against Russia has been significantly watered down after weeks of negotiations. Disputes over Russian LNG, oil price caps, and trade exemptions have delayed a deal as member states remain divided. #R
@wogoa1EU is set to discuss at least three possible scenarios for getting out of an impasse over its latest package of Russia sanctions, Bloomberg The new options discussed include providing a 24-month wind-down period, dropping the measure alto