Czech Republic takes a risk and buys Russian oil
The
Czech Republic is buying
1.1 billion crowns (about 52 million dollars) worth of oil for emergency needs for reserve storage from the Cypriot company
Normeston Trading, which, however, is linked to
Russia, SZ
reported.
According to Pavel Shvagr, head of the State Material Reserves Department,
there was no other way, but it’s fine, since the company's owners are not on the
EU sanctions list.
But the reporters discovered another problem. According to European Union sanctions rules,
neither the supplier of such a large government order
nor the subcontractor should represent the Russian Federation. However, the Cypriot company had committed to supply the
Czech Republic with
REBCO crude oil, which is produced
only in Russia.
Under this contract, the Cypriot company will receive
52 million dollars from the Czech budget.
Violating international sanctions in the Czech Republic is a
criminal offense that can result in a prison sentence of
up to eight years. However, it is unclear at this point whether
Czech security authorities undertake an investigation into the aforementioned matters.
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Siku za EU kuhimili vikwazo walivyoweka zinahesabika