The US and British governments announced Friday new coordinated sanctions on Russia’s energy sector, particularly Gazprom Neft, to hit “the Kremlin’s main source of funding” for its war in Ukraine. Ten days before the inauguration on January 20 of the US president-elect, Donald Trump, the US Treasury Department released data on the sanctions, among others, on the two main companies in the sector, Gazprom Neft and Sourgoutneftegaz. London also imposed sanctions on these two companies, which produce “more than one million barrels of oil per day”, in other words they have revenues worth “23 billion”. dollars (22.5 billion euros) per year”. The decision was immediately denounced by Gazprom Neft, a subsidiary of state giant Gazprom, which called it an “unjustified” and “unconscionable” move, according to Russian news agencies. According to Dalip Singh, the White House’s deputy national security adviser for the international economy, these sanctions are “the […]
Source: News Beast
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