The ban on the export of coal and oil products from Russia to Ukraine became effective

On Saturday, June 1, the Russian ban on supplies of coal and oil products to Ukraine became effective.

According to the decision of the government of the Russian Federation, crude oil, oils, petroleum jelly and petroleum coke, bituminous and asphalt mixtures and other products from petroleum products were banned. To export certain types of raw materials, it is needed to take permission from the Ministry of Economic Development of the Russian Federation – this list includes stone, brown coking coal, commercial gasolines, diesel fuel, propane, butane, and other liquefied gases.

On May 31, the Ministry of Economic Development of the Russian Federation sent to the Russian government proposals on the list of enterprises and the volume of exports of certain types of petroleum products and coal in Ukraine from June 1. The list and volumes will be reviewed on a monthly basis based on applications from companies.

Oleksandr Danylyuk, the secretary of the National Security and Defense Council, noted that restrictions on the supply of diesel fuel, oil and oils could create problems in Ukraine. According to him, for example, almost 40 percent of diesel fuel goes to Ukraine from the Russian Federation.

“This is significant, and in anticipation of these restrictive measures, it is business that needs to think about how to diversify supplies. And this is actually happening”, he said. Danyluk did not rule out that “a change in the supplier could just happen”, and there would be no real restriction on supplies from the Russian Federation

Source: unian.ua

 

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Tags: gas, contracts, oil, coal, RF

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