EU Countries Agree On Fresh Russia Sanctions That Include Ban On Liquefied Gas

European Union ambassadors on June 20 approved a fresh package of sanctions on Russia over its invasion of Ukraine aimed primarily at closing loopholes that exist in previous restrictions and targeting for the first time Moscow's lucrative liquefied natural gas (LNG) industry.

"EU Ambassadors just agreed on a powerful and substantial 14th package of sanctions in reaction to the Russian aggression against Ukraine," the Belgian EU presidency wrote on X.

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"This package provides new targeted measures and maximizes the impact of existing sanctions by closing loopholes," it said.

The new package of sanctions includes measures to hold European operators accountable for sanctions violations by subsidiaries and partners in third countries and provide for a a ban on the transshipment of Russian liquefied natural gas and the export of helium.

It also restricts access to dual-use technologies and the trade in works of art stolen in Ukraine.

Between 4 billion and 6 billion cubic meters of Russian LNG was shipped on to third countries through EU ports last year, the bloc estimates.

The complete details of the package will be made public next week once EU foreign ministers approve the measures, most likely on June 24, ahead of an EU summit next week.

Some 47 new entities and 69 individuals were reportedly added to the EU sanctions list, bringing the total to 2,200.

The sanctions list may include explosives manufacturer Spetskhimiya; the Mayak factory that produces aircraft spare parts; and weapons manufacturer Tsniitochmash.

Among the reported individuals put on the list are Russian singer Polina Gagarina over her participation in Kremlin-sponsored events; Igor Altushkin, a former employee of President Vladimir Putin's administration and founder of the Russian Copper Company; general director of the Internet Development Institute Aleksei Goreslavsky; and Taimuraz Bolloyev, the former president of the Baltika brewing company.