1018 - 01/15 - EU Sanctions on Jet Fuel - Syria

New EU measures prohibiting exports of jet fuel and fuel additives to Syria were adopted by the Council.

Council Decision

2014/901/CFSP

prohibits the sale, supply, transfer or export of jet fuel and additives specifically formulated for jet fuel to Syria by nationals of Member States, or from the territories of Member States, or using their flag vessels or aircraft, whether originating or not in their territories.

The decision bans financing or financial assistance, as well as insurance and reinsurance or brokering services, related to any sale, supply, transfer or export of jet fuel and additives.

The competent authorities in Member States may authorise derogations exceptions to the ban for the United Nations and bodies acting on its behalf for humanitarian purposes such as delivering assistance and for evacuations.

Further, the prohibition does not apply to jet fuel and additives exclusively used by non-Syrian civilian aircraft for continuing flight operations.

The Council Regulation (EU) No 1323/2014, amending Regulation (EU) No 36/2012 concerning restrictive measures in view of the situation in Syria can be found

here

.

Source of Information

Loss Prevention

Downloads

MUTUAL

Date09/01/2015

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