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New U.S. sanctions against Russian energy interests

10 January 2025 20:27 (UTC +04:00)

The U.S. Treasury on Friday announced sweeping new sanctions against the Russian energy sector, including oil majors Gazprom Neft and Surgutneftegaz to try to hinder Moscow in its war with Ukraine, APA reports citing Reuters.

Britain also joined the sanctions against those two companies, the U.S. Treasury said.

The sanctions also target more than 180 vessels and dozens of oil traders, oilfield service providers, insurance companies and energy officials, according to the Treasury's Office of Foreign Assets Control (OFAC).

Following are some key entities and individuals affected:

RUSSIAN OIL MAJORS

Gazprom Neft;

Surgutneftegaz;

More than two dozen subsidiaries of Gazprom Neft and Surgutneftegaz, including Moscow Oil Refinery and entities based in Kazakhstan, Kyrgyzstan and Luxembourg.

RUSSIA'S SEABORNE OIL EXPORTS

Russia's state-owned shipping company and fleet operator Sovcomflot (FLOT.MM), opens new tab;

Two Russia-based maritime insurance providers: Ingosstrakh Insurance Company and Alfastrakhovanie Group, both previously sanctioned by the UK;

RUSSIAN ENERGY OFFICIALS

Yusuf Alekperov, the founder and owner of Russian oilfield services company Welltech and son of one of Lukoil's founders, Vagit Alekperov;

Aleksander Dyukov, CEO of Gazprom Neft;

Sergei Kudryashov, CEO of oil producer Zarubezhneft;

Nail Maganov, the head of oil producer Tatneft;

Vadim Vorobyev, CEO of Lukoil;

Vladimir Bogdanov, CEO of Surgutneftegaz.