Sanctions vs. Cheap Oil: What is More Dreadful for Russia’s Fuel & Energy Complex?
... legislation introduced to the U.S. Congress by ten Senators calls for an almost total ban for foreign companies to participate in Russian energy projects. Should the new sanctions be applied, both oil and gas projects will come under threat. In particular, the China Development Bank, China Exim Bank, Japan Bank for International ... ... plant in terms of Sakhalin-2, as the consortium of foreign companies is not allowed to invest money in liquid gas production. Gazprom will not be able to acquire foreign loans to build a gas-processing plant in the Amur region in order to separate different ...