Extended permission for foreign buyers to pay for Russian gas through other banks than Gazprombank.
Sector: Energy
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Temporary ban on gasoline exports extended until August 31, 2025
Temporary ban on gasoline exports extended until August 31, 2025
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Subsidies on lease of vessels
5 billion rubles will be allocated from the federal budget to support the investment project for preferential leasing of sea and river vessels in 2025
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Lowered administrative burden for exporters of crude oil and LNG.
Lowered administrative burden for exporters of crude oil, liquefied natural gas and gas condensate.
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Extension of ban on selling oil to buyers that adhere to the price cap
Extension of ban on selling oil to buyers that adhere to the G7-led price cap through June 30, 2025.
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Cap on Urals–Brent discount for oil tax calculations to safeguard government revenue
A cap has been introduced on the discount applied to the price of Russian Urals crude oil relative to Brent crude for the purpose of calculating oil extraction and export taxes. This measure aims to stabilize government revenue by preventing excessive reductions in the tax base when Urals oil trades at a steep discount to global benchmarks.
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Shadow fleet vessels and individual designations.
Designated 44 entities and 32 individuals, both Russian and non-Russian, supporting Russia’s military-industrial complex or involved in the unlawful deportation of Ukrainian children. Added 109 vessels associated with Russia’s shadow fleet to the sanctions list.
Expanded bans on goods used in weapons manufacturing and prohibiting contracts with certain ships. -
Shadow fleet vessels and individual designations.
Shadow fleet vessels and individual designations.
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Sanctioning Russia Act (Proposed)
Imposition of a 500% tariff on countries purchasing Russian-origin energy products.
Expanded sanctions targeting Russia’s banking and energy sectors.
Authorization to use frozen Russian assets for military financing to Ukraine. -
17th package of sanctions against Russia
Further restrictions on Russia’s shadow fleet to prevent circumvention of oil export bans.
Sanctions on entities in third countries (e.g., UAE, Turkey, Hong Kong) facilitating Russia’s oil trade.
Asset freezes and travel bans on additional Russian officials and companies.