Talks under time pressure about new sanctions against Russia

 

TT

 

Published 09:01

 

A Russian-flagged oil tanker in Cuba in March. Photo: Ramon Espinosa/AP/TT

EU ambassadors will meet again on Wednesday to reach a compromise on a new sanctions package against Russia.

The disagreement concerns, among other things, the issue of a ban on the purchase, import or transport of Russian liquefied natural gas (LNG). Greece is questioning formulations that would hit the country's shipping industry hard.

To avoid the price ceiling on Russian oil being raised from 44 US dollars per barrel (around 425 SEK) to 58 dollars, an agreement is required by Thursday at the latest. Raising the price ceiling would be economically advantageous for Russia.

Last week, negotiations on the sanctions package, which is the 21st from the EU, failed. This led to the deadline for an agreement being pushed back by a week, to Thursday.

Sanctions must be approved by all 27 member states.