Sanctions against Rosneft Trading are Washington's political signal not only to individual companies, but to Russian policy and relations with Venezuela in general
The US Office of Foreign Assets Control of the US Department of the Treasury (OFAC) imposed sanctions on a Rosneft subsidiary. On February 18, 2020, US Treasury Secretary Steven Mnuchin announced the designation of the Swiss-based company Rosneft Trading S.A. and its president Didier Kasimiro as Specially Designated Nationals (SDN). The reason was the company's ...
... Zarubezhneft. At the moment the situation around Rosneft’s shelf projects with foreign companies being involved is still not clear. Rosneft is likely to lobby for the liberalization of access to shelf deposits, as most of the blocks are already split between ... ... Gazprom. However, it might be difficult to reach a consensus with the Russian leadership in the case that the USA strengthens sanctions against the Russian oil and gas sector.
What Will the New Sanctions Lead to?
Pavel Sharikov:
How to Make Russia-U.S....
... “shale” and “waters deeper than 150 meters?”
During the hearing in the court of the EU on February 23, 2016, the representative of Rosneft Oil Company supported a line of defense which boils down to the following key arguments.
The imposed sanctions hurt Rosneft Oil Company, rather than the Russian Federation.
Rosneft Oil Company is not a military company and should not be held responsible for the actions of the Russian authorities.
Rosneft Oil Company is part-owned not only by Russia, Russian individuals ...
