Georgian Port of Kulevi May Face EU Sanctions
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Georgian port may fall under EU sanctions

The European Commission's 20th package of sanctions against Russia includes third-country ports - Kulevi in Georgia and Karimun in Indonesia - for the first time, according to Logos Press.
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port of Kulevi

This time the measures affect energy, financial sector and trade, and for the first time – ports of third countries used for transportation of Russian oil. Among them are the Georgian port of Kulevi and the Indonesian port of Karimun,” SOVA writes, citing Sky News.

The sanctions apply to 42 new vessels, mostly oil tankers of Russia’s “shadow fleet.”

The European Commission document notes that the port of Kulevi “is used for maritime transportation of crude oil or oil products produced in Russia or exported by Russian vessels, using irregular and risky methods of transportation.”

Georgia disagrees

Georgian Prime Minister Irakli Kobakhidze said that Tbilisi is ready to provide detailed information on the issue and is confident that nothing contrary to the sanctions policy is happening at the port.

According to DW, Kyrgyz banks Keremet and Capital Bank of Central Asia, as well as financial institutions from Laos and Tajikistan, are also expected to fall under the EU sanctions.

The EU also intends to ban the import of metal-cutting machines and communication equipment, such as modems and routers, to Kyrgyzstan.

At the same time, the restrictions are planned to be lifted from two Chinese banks.

It should be noted that the oil terminal and seaport in Kulevi are operated by the State Oil Company of the Republic of Azerbaijan (SOCAR). The maximum throughput capacity of the terminal is up to 10 million tons of hydrocarbon and petrochemical products per year.



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