European Union

European Union

Imposes restrictions on investment in the Russian energy sector

15 Mar 2022

On 15 March 2022, the EU adopted Regulation 2022/428 to impose additional restrictive measures in response to the war in Ukraine. The Regulation restricts any new investments in the Russian energy sector and imposes additional export restriction on equipment, technology and services for the energy industry in the Russian Federation.

Nature of measure:
  • Entry restriction
Type:
  • Entry and establishment (Ownership and control)
Industry:
  • Manufacturing (Manufacture of coke and refined petroleum products)
  • Services (Electricity, gas, steam and air conditioning supply)
Inward FDI:
No
Outward FDI:
No
Sources: