Sanctions Related To Vessels – An Update

The 14th package of sanctions adopted by the EU against Russia in response to the ongoing war against Ukraine, includes measures related to vessels and Russian liquified natural gas (LNG). These measures aim to prevent Russian LNG that is not needed in the EU's market from entering the EU being re-exported to other countries.

In particular, new Article 3r introduces a prohibition to provide reloading services in the EU for the purposes of transhipment operations of LNG originating in Russia or exported from Russia.

Article 3t prohibits selling, supplying, transferring or exporting, directly or indirectly, goods and technology and providing services to any natural or legal person, entity or body in Russia, for the completion of LNG projects, such as terminals and plants.