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Wednesday, June 26, 2024
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Battle of Cyprus in the EU for Russian tankers – Disagreement over sanctions related to LNG exports – They talk about a disaster in Shipping

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Κπρτε γικ νε–ιφγιει&upsilon αονεγ–ιοα ταστροφor στη Nαυτιλλα /></p> <p> </source> </p> <p>The 14th European Union sanctions package under discussion against Russia for the latter's invasion of Ukraine is accompanied by skepticism expressed by Cyprus as well. At least, this position is recorded in the international press.</p> <p>Since last February (23/2) when the EU imposed the 13th set of sanctions on the vast country, the compilation of the next list of restrictive measures has been launched. This new package is expected to take its final form in the next 1-2 weeks, while a new related draft was discussed last Wednesday. Among the proposed measures was the imposition of a blockade on the export of Russian liquefied natural gas.</p> <p>However, <strong>South European countries active in the shipping sector do not approach this development with a positive lens</strong>. The reason for <strong>Greece, Cyprus and Malta</strong>. The representative of our island, as well as the other two Mediterranean countries, expressed the opinion that this measure will backfire.</p> <p>The <strong>authoritative Financial Times in their reporting reveal the essence of what was negotiated in last Wednesday's negotiation, noting: “Countries such as Greece, Cyprus and Malta have opposed such measures, arguing that they will lead ship managers to use even more opaque methods to hide their fleets. This, according to the member states in question, will increase the risk of a major shipping disaster and that it will damage the shipping industry more widely.”</p> <p>Elsewhere it is clarified that “the biggest issue concerns the tightening of sanctions against tankers used by Russia to transport crude oil with unverified insurance and opaque ownership structures”.</p> <p>The publication in question signed by the chief journalist of the Financial Times bureau in Brussels, Henry Foy, is also republished by other media, as his information is considered safe.</p> <p>Foy cites his sources (two people), who know the nature of the discussions, who said there were disagreements over the scale of the measures, but “no ideological opposition or immovable red lines”.</p> <p>He doesn't miss a beat. , of course, to record the particularity of the proposed measure, since as he notes “this will be the first time that the European Union officially targets Russia's natural gas products”.</p> <p>Apart from the skepticism coming from the European South, there are diametrically opposed positions. The Financial Times reporter cites a person apparently directly involved with the negotiations (he does not name him) and commented on the proposed energy sanctions as “a step forward”.</p> <p><strong>In other related reports say EU countries remain divided over measures to target Russia's so-called “shadow fleet”, which “consists of semi-legal oil tankers”.</strong></p> <p><strong >The only fact is that Cyprus is one of the countries that has had costs from the sanctions, especially in the spring of last year, when the administrative services industry suffered a noticeable blow.</strong> The Republic of Cyprus has tried to demonstrate a high degree of compliance ( see positions and actions by President Nikos Christodoulidis in various cases).</p> <p>It should be noted that over 100 people are expected to be included in the 14th package. According to the Financial Times, this will include those “involved in the expulsion of Ukrainians from occupied territories and the production of weapons”.</p> <p><noindex></p> <div class=Source: www.philenews.com

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