(5)

in Article 3m, the following paragraph is added: ‘11. By way of derogation from paragraphs 1 and 2, the competent authorities of the Member States may authorise, under such conditions as they deem appropriate, the purchase, import or transfer of crude oil or petroleum products listed in Annex XXV that originate in or are exported from Russia, as well as the provision of technical assistance, brokering services, financing or financial assistance, or any other related services, after having established that: ; the goods concerned have been seized or confiscated by an authority of a Member State in the course of national administrative or judicial proceedings; the goods concerned remain under the effective control of the authorities of a Member State or of an entity acting on behalf of those authorities during the period of custody, management and storage of the goods, until their possible sale; the operations referred to in point (b) do not result, directly or indirectly, in any payment or making available of funds or economic resources for the benefit of Russian natural or legal persons, entities or bodies, or those established in Russia.’

← (c) · All articles · (a) →

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