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Russia bans export of petroleum, petroleum products to Ukraine

Besides, Russia restricted the supplies of coal to Ukraine
13:13, 18 April 2019

Aljazeera

The Russian Federation places a ban for export of petroleum and petroleum products to Ukraine, as TASS news agency reported citing Russian Prime Minister Dmitry Medvedev.

“The ban on the export of the petroleum and petroleum products to Ukraine is established,” Medvedev said.

He also reported about the extension of the ban for the import of some Ukrainian products.

“I have signed the regulation of the government on this topic. We extend the ban for the import of particular kinds of the production to Russia; this measure will concern the Ukrainian products of the machinery, light industry, metalworking, which cost made almost $250 million last year,” Medvedev said.

Related: Experts name reason of price increase of petrol in Ukraine

At the same time, the Russian Prime Minister noted that some domestic products will be exported to Ukraine only after special permission.

“The list of the products, which can be exported to Ukraine on the basis of particular permissions from June 1, 2019, is to be established. The energy industry products, including coal, petroleum, and petroleum products, are in this category,” he noted.

According to the State Fiscal Service, in 2018, Ukraine imported petroleum products for $5,54 billion. The import from Belarus made $2,21 billion (38,1%), from Russia - $2,07 billion (37,3%), from Lithuania - $570,5 million (10,3%). The petroleum products for $787,3 million were exported from other countries.

The supplies of the Russian coal to Ukraine increased by 29% or up to 12,4 million tons, in 2018 as Russian Energy Ministry reported. The department predicted that the volume of the export will remain on the same level in 2019.

Related: Russia cashes in as European oil refiners pay for sanctions

On April 10, Ukraine's Cabinet of Minister expanded the list of goods banned to import from Russia. The embargo is now extended to formalin and carbamide-formaldehyde concentrate, springs for freight wagons, electrical equipment for railway automation and communication devices, and electric conductors for voltage above 1000V.

Earlier the Russian cement clinkers were included into the list of goods banned to be imported to Ukraine.

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