Monday, September 29, 2014

Why the Kremlin is not very concerned with energy sanctions | Russia Direct

The new energy sanctions imposed by the West could force Russia to turn to other partners or technologies to compensate for the lost potential of Arctic and shale prospecting projects.

On Sept. 12, the EU and U.S. published a new list of energy sanctions, this time targeting Russian state oil companies Rosneft and Gazprom Neft, as well as the privately owned Lukoil and Surgutneftegaz. It also marked energy giant Gazprom’s first appearance in the list, but only in regard to oil projects.

The new sanctions prohibit the West’s largest oil companies, including America’s ExxonMobil, Anglo-Dutch Shell, France’s Total, and Norway’s Statoil, from partnering with Russia in deep-sea and shale prospecting projects, as well as upstream operations in the Arctic. They also mean that Western companies will be forced to halt exports to Russia of high tech equipment used in oil exploration and production.

Complete story at - Why the Kremlin is not very concerned with energy sanctions | Russia Direct

No comments:

Post a Comment

All comments subject to moderation.

Recommended Reading via Amazon



If you're seeking more information about how the world really works, and not how the media would want you to believe it works, these books are a good start. These are all highly recommended.

If you don't see pictures above, you likely have an adblocker running.  If so, here are the links.

1. The Shock Doctrine - Naomi Klein
2. Confessions of an Economic Hit Man - John Perkins
3. Manufacturing Consent - Edward Herman, Noam Chomsky
4. Gladio - NATO's Dagger at the Heart of Europe - Richard Cottrell
5. Profit Over People - Noam Chomsky
6. Soviet Fates and Lost Alternatives - Stephen Cohen
7. The Divide - American Injustice in the Age of the Wealth Gap - Matt Taibbi

How this works.  Follow one of the links.  Should you decide to buy that item, or any item, I get a small percentage, which helps to maintain this site.  Your cost is the same, whether you buy from my link or not.  But if the item remains in the cart too long, I don't get a thing.  
Related Posts Plugin for WordPress, Blogger...