“Britain, following the USA, announced sanctions against the Russian oil industry Great Britain introduced sanctions against Gazprom Nafta and Surgutneftegaz, which earn $23 billion a year. The sanctions are aimed at limiting the income of the Russian Federation from the sale of energy carriers.”, — write on: unn.ua
“The UK and the US have for the first time imposed direct sanctions against Gazprom Nafta and PJSC Surgutneftegaz, two Russian oil giants. These energy companies produce more than 1 million barrels of oil per day between them – worth about $23 billion a year at current prices. which exceeds Jamaica’s GDP. The profits from these two companies fill Putin’s coffers and contribute to the war,” the report said.
The government noted that oil revenues are vital to Russia’s military economy, accounting for roughly a quarter of Russia’s entire budget in 2023. The British government expects that the introduction of sanctions against these companies will significantly limit Russia’s ability to receive income from the sale of energy carriers.
“Oil revenues are the lifeblood of Putin’s military economy. We will not allow oil revenues to endanger the lives of Ukrainians, nor will we allow Russia to continue to fill its coffers as it continues to threaten our collective security. Fighting Russian oil companies will drain Russia’s military funds – and every ruble we take from Putin’s hands helps save Ukrainian lives,” said British Foreign Minister David Lammy.
We will remind
The United States is introducing the toughest sanctions against the Russian oil industry, according to a US Treasury document circulated among traders in Europe and Asia. Against the backdrop of reports of sanctions, global oil prices rose by 3% on Friday.
The new US sanctions are aimed at Russia’s main source of income and include sanctions against Gazprom Nafta and Surgutneftegaz, more than 180 vessels and dozens of oil traders and oil service providers.
The President of Ukraine, Volodymyr Zelenskyi, reacted to the new package of sanctions that the USA introduced against the Russian Federation and emphasized that “criminals should pay for their crimes.”