UK Parliament / Open data

Russia (Sanctions) (EU Exit) (Amendment) (No. 15) Regulations 2022

My Lords, these measures are admirable, but can we have an analysis of how we are helping other countries around the world follow the same standards of capping or prohibiting Russian fossil fuel imports? There is evidence that a great deal of Russian oil—possibly not gas—is simply going to other markets in Asia, perhaps at a discount but in some cases at full market price, and that Russian coal is still being fairly widely exported. We would like to hear more about the full diplomatic effort that we are deploying with other like-minded countries in Asia, Europe and across the Atlantic to ensure that Russian oil and gas sales really are minimised and that the heat is being felt in Russian finances. I know that that is our intention, but the facts and figures, some of which have been touched on, do not seem to reflect that very much impact has so far been made.

About this proceeding contribution

Reference

825 c1176 

Session

2022-23

Chamber / Committee

House of Lords chamber
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