EU extends possibility to exclude gas pipelines from Russia from technological sanctions until end of 2025

 The European Union has extended the possibility to exclude gas pipelines from Russia to third countries from the technological sanctions until the end of 2025, the EU said in its updated sanctions list.

The updated sanctions document describes the possibility, upon the decision of the responsible authorities, to supply equipment and technologies if they are necessary to operate the gas pipeline infrastructure between Russia and third countries.

The permit process also allows these transactions in order to exit joint ventures with Russian partners if the JVs were established before February 24, 2022.

PJSC Gazprom is the owner and operator of the Unified Gas Supply System that ensures the continuous cycle of gas supplies to consumers in the Russian Federation and for export.