(10)

in Article 3ra, the following paragraphs are added: ‘5. The prohibitions in paragraphs 1, 2 and 3 of this Article shall not apply to the transport by vessel, or to technical assistance, brokering services, financing or financial assistance related to such transport, of the products listed in Part B of Annex XXIX to the third countries mentioned therein, for the duration specified in that Annex. 6. Without prejudice to paragraph 5, paragraph 1 shall not apply until 25 July 2027 and thereafter for successive periods of one year, unless the Council following an annual review decides otherwise, to transfers and, where relevant, purchases related to those transfers that are destined for third countries when both the transfer and the purchase are executed under contracts concluded before 24 February 2022, the duration of which exceeds one year and which were not amended after that date, unless such amendment is limited to: The temporary exemption to the prohibition in paragraph 1 of this Article to transfers of LNG, as set out in the first subparagraph of this paragraph, shall only apply in a given year up to the yearly volume of LNG originating in or exported from Russia in 2025 transferred by a natural or legal person, entity or body referred to in Article 13 under the existing long-term contracts of that person, entity or body, as specified in the first subparagraph of this paragraph, irrespective of its destination. Natural or legal persons, entities and bodies transferring LNG originating in or exported from Russia to third countries shall report the relevant historical volumes to the competent authorities of the Member State in which they are established by 25 August 2026, and that Member State shall report that information to the Commission without undue delay. The measures provided for in this paragraph shall be kept under regular review. By 25 June 2027 and every 12 months thereafter, the Commission shall submit to the Council an assessment of the measures provided for in this paragraph. That assessment may be submitted at an earlier date where deemed justified by the Commission. Acting on the basis of the Commission’s assessment, the Council shall on an annual basis and without undue delay review the functioning of the measures provided for in this paragraph in the light of their economic effects and the objectives of this Regulation. Following its review, the Council may decide, upon a joint proposal from the High Representative and the Commission to shorten, extend or terminate the temporary exemption in this paragraph, taking into account the effectiveness of the prohibition in this Article as well as the specific situations of certain Member States and the economic circumstances of the natural or legal persons, entities and bodies referred to in Article 13. By 25 August 2026 and every three months thereafter, natural or legal persons, bodies and entities referred to in Article 13 that transfer or purchase in relation to that transfer LNG originating in or exported from Russia to third countries shall report to the competent authorities of the Member State in which they are established at least the following information with respect to each shipment, as available, for a transfer or purchase related to that transfer, which that Member State shall report to the Commission without undue delay: Member States and the Commission shall ensure the protection of confidential information acquired in the application of this Article in accordance with Union law and relevant national law. Member States and the Commission shall ensure that classified information provided or exchanged pursuant to this Article is not downgraded or declassified without the prior written consent of the originator of that classified information.’ ; lowering contracted quantities; for purchase contracts, lowering prices and fees; amending confidentiality clauses; amending operational procedures, such as communication procedures; changes of addresses of contract parties; transfers of contractual obligations between affiliated undertakings; changes required by judicial or arbitration procedures; or for purchase contracts, for landlocked countries, changes between national delivery points. cargo reference number or bill of lading number; vessel IMO number, name, flag state and carrier type; date, port and terminal of loading and unloading; final destination; volume loaded and discharged; contract duration; contract value per cargo and gross revenue associated with each shipment; name of purchaser and ultimate beneficiary; name of seller and shipper.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.