““Each blow that Britain inflicts on Russia’s oil revenues is another step towards a just and lasting peace in Ukraine””, — write: www.radiosvoboda.org
The British government drew attention to the fact that Gazprom Neft and Surgutneftegaz produce more than 1 million barrels of oil every day, which is approximately 23 billion dollars a year. This is more than the GDP of Jamaica, the press service noted.
“The profits of these two companies replenish Putin’s military wallet (President of the Russian Federation Vladimir Putin – ed.) and contributes to the waging of war,” the government clarified.
They added that “every blow that Britain inflicts on Russia’s oil revenues is another step towards a just and lasting peace in Ukraine.”
“Revenues from oil sales are the lifeblood of Putin’s military economy. We will not stand by and allow oil revenues to endanger the lives of Ukrainians, just as we will not allow Russia to continue to fill its coffers while continuing to threaten our collective security,” said British Foreign Minister David Lammy.
He added that “the fight against Russian oil companies will lead to the exhaustion of the Russian military budget and will help save the lives of Ukrainians.”
Earlier, the US also imposed sanctions on more than 30 Russian oil service companies. The restrictions also affected the Serbian company, which is related to Gazprom Neft.
On December 16, the Council of the EU adopted the 15th package of economic and individual restrictive measures “in order to further limit Russia’s ability to wage an illegal, unprovoked and unjustified war of aggression against Ukraine.”
Earlier it became known that the Administration of US President Joe Biden is also considering the introduction of new sanctions aimed at the “shadow fleet” that Russia uses to transport oil, the report said. According to Bloomberg sources, the White House may announce these measures in the coming weeks
Russia uses old tankers – often uninsured and with unclear ownership – to export crude oil and petroleum products abroad, despite EU and G7 sanctions. This activity also raises concerns about the risk of environmental disasters, including major oil spills. As part of the Russian Federation’s systematic efforts to circumvent the EU, the “shadow fleet” provides a key financial basis for Russia in its war against Ukraine.