Kateryna Schwartz18:12, 10.01.25

The imposed sanctions cover more than 400 individuals and organizations in the Russian energy sector.

The United States has announced a large-scale package of sanctions against Russia. It covers more than 400 individuals and organizations in the Russian energy sector that directly or indirectly provide financing for the Russian military machine, said Andriy Yermak, head of the Office of the President of Ukraine.

“There will be a strong blow to the Russian economy,” he announced earlier.

As a result, Russian oil, gas, drilling, and insurance companies, as well as their management, were subject to new US sanctions:

• “Gazprom Neft”,
• “Surgutneftegaz”,
• “Ingosstrakh”,
• “Alfa Insurance”,
• more than 20 oil service companies,
• Chairman of Gazprom Neft Alexander Dyukov,
• Chairman of LUKOIL Vadim Vorobyov,
• Chairman of Zarubezhneft Sergey Kudryashov,
• Tatneft Chairman Nail Maganov,
• Bashneft Chairman Vladimir Chernov,
• Director General of Rosatom Alexey Likhachev.

New US sanctions against Russia are important

According to Yermak, the new sanctions package also identifies the entire energy sector of the Russian economy as a “malign activity.” This will allow sanctions to be imposed on any person or company operating in this area, the head of the OP explained.

He also reported that special emphasis in the sanctions is placed on the Russian “shadow fleet” – the newly introduced restrictions will prevent Russia from avoiding the “price ceilings” on oil introduced by the G7 countries:

“184 tankers are included in the sanctions lists. This decision is complemented by the closure of access for the remaining vessels of the Sovcomflot company, which eliminates gaps in the international sanctions system.”

Among other important aspects of this package, Yermak named a ban on the provision of services in the field of oil production and transportation; the introduction of restrictions on LNG terminals in Russia; and recognition of risks for international financial institutions that cooperate with Russia or its military structures.

The US estimates that the new restrictions will cost Russia “billions of dollars every month” as they will make it more difficult to circumvent sanctions.

As previously reported in the Financial Times, the EU fears that US President-elect Donald Trump will lift sanctions against Russia . EU representatives are concerned that Trump may reverse Biden’s decision without considering the consequences for international partners.

(C)UNIAN 2024