EU sanctions state-linked Chinese oil companies over Russia war support
Beijing slams latest punishment ensnaring 15 entities, reiterating it ‘has never provided lethal weapons to any party to the conflict’
The European Union has sanctioned two mainland Chinese oil refineries and one Hong Kong-based oil trader as part of its latest efforts to hobble Russia’s war economy, drawing a stern rebuke from Beijing.
The companies were listed in a broader package of sanctions agreed by the EU’s 27 member states on Thursday morning, punishing in total 15 mainland Chinese or Hong Kong-registered entities over what Brussels considers illicit trade with Russia.
China’s foreign ministry hit back immediately, reiterating its stance that it “has never provided lethal weapons to any party to the conflict and exercises strict export control over dual-use articles”.
“Most countries in the world, including those in Europe and the United States, continue to trade with Russia,” the ministry said in a statement on Thursday.
“The EU and the US are in no position to point fingers at normal exchanges and cooperation between Chinese and Russian companies,” it added.
Refineries Liaoyang Petrochemical Company – a subsidiary of state-owned China National Petroleum Corporation (CNPC) – and Shandong Yulong Petrochemical, as well as oil trader Chinaoil (Hong Kong) Corporation – another CNPC subsidiary – have been placed under full sanctions, as was Tianjin Xishanfusheng International Trading Company, a trading firm.