By EnergiesNet

Every dollar paid for russian energy is a dollar that supports a murderous war. You can no longer sit on the fence about doing or not doing business with russian energy companies. And we have a clear message for those who haven’t realized that: what your margins cover today is a specific number of Ukrainian children killed, homes destroyed, cities decimated and millions of lost or war-torn lives, says Stop Bloody Energy 

Buying energy from Putin ‘finances war’

Ukraine’s biggest energy companies are calling on western businesses to refuse to buy Russian energy resources, saying “every dollar paid to Russia leads to new casualties and destruction”.

In an open letter, the bosses of three big energy groups, writing on behalf of hundreds of thousands of workers in the fuel and energy sectors, urged companies “to stop supporting the Russian economy” until it stops the war, reported The Times.

DTEK Group is the largest private national investor in Energy assests in Ukraine, the leaser in the energy sector and its larger employer calls for complete embargo of russian oil and gas.

Along with DTEK Group, the NJSC Naftogaz of Ukraine and NPC Ukrenergo called on the international business community to stop buying russian energy resources and stop any supplies of components and technologies for the fuel and energy sector to russia in an open letter.

“We call on all Western companies to stop any cooperation with russia in the fuel and energy sector. Refuse to buy russian energy resources and ban the supply of components and technologies there. This applies to all: gas, coal and electricity, as well as the production of engines, turbines, mine and other power equipment,” the appeal says.

Businesses in Russia

Since the invasion of Ukraine began, Yale School of Management have been tracking the responses of 800 companies that were doing business with Russia. Over 600 companies have announced they are voluntarily curtailing operations in Russia to some degree beyond what is required by international sanctions — but some companies have continued to operate in Russia undeterred, says Yale.

Yale CELI List of Companies Leaving and Staying in Russia 

European Parliament MEPs demand full embargo on Russian imports of oil, coal, nuclear fuel and gas

Parliament expresses indignation over reported atrocities by the Russian armed forces and demands that perpetrators of war crimes be held accountable.

In a resolution adopted with 513 votes to 22 and 19 abstentions on Thursday, MEPs call for additional punitive measures, including “an immediate full embargo on Russian imports of oil, coal, nuclear fuel and gas”.

This should be accompanied by a plan to ensure the EU’s security of energy supply, as well as a strategy to “roll back sanctions in case Russia takes steps towards restoring Ukraine’s independence, sovereignty, territorial integrity within its internationally recognised borders and completely removes its troops from the territory of Ukraine”.

Exclude Russia from G20 and other multilateral organisations

Existing sanctions must now be fully and effectively implemented throughout the EU and by the EU’s international allies as a matter of priority, insist MEPs. They call on EU leaders to exclude Russia from the G20 and other multilateral organisations, such as UNHRC, Interpol, the World Trade Organisation, UNESCO and others, “which would be an important sign that the international community will not return to business as usual with the aggressor state”.

To make the sanctions more effective, the Parliament calls for Russian banks to be excluded from the SWIFT system, for all vessels connected to Russia to be banned from entering EU territorial waters and docking at EU ports and for road freight transport from and to Russia and Belarus to be prohibited. MEPs also demand the seizure of “all assets belonging to Russian officials or the oligarchs associated with Putin’s regime, their proxies and strawmen, as well as those in Belarus linked to Lukashenka’s regime”.

Pointing to Belarus’ involvement in the war in Ukraine, the resolution demands that sanctions on Belarus mirror those introduced against Russia in order to close any loopholes allowing Putin to use Lukashenka’s aid to circumvent sanctions.

Arms deliveries must continue and be stepped up

MEPs refer to the shocking atrocities, “that undeniably amount to war crimes”, committed by Russian troops in Ukraine and particularly in Bucha, and the complete or almost complete destruction of Mariupol, Volnovakha and other cities and villages (recitals C & D). They stress that perpetrators of war crimes must be held accountable and call for a special UN tribunal for the crimes in Ukraine to be set up.

Parliament reiterates that deliveries of weapons must continue and be stepped up to allow Ukraine to effectively defend itself. MEPs support further defensive aid given to the Ukrainian armed forces individually by EU member states and collectively through the European Peace Facility.

Noting that nearly 6.5 million Ukrainian citizens have been internally displaced and more than 4 million have fled the country due to the war (recital B), MEPs call for safe humanitarian corridors to evacuate civilians fleeing bombardments and for the EU’s humanitarian aid networks in Ukraine to be boosted.

They condemn the Russian rhetoric hinting that they could potentially resort to using weapons of mass destruction and emphasise that any such deployment would be met with the severest of consequences.

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EnergiesNet.com 04 11 2022