21 September 2017

Russia's Rosneft work to minimize effect of US sanctions

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

US sanctions may have opposite effect, Russia’s Rosneft will work to minimize their effect, Rosneft CEO Igor Sechin said Thursday. reports citing Sputnik, US sanctions are beginning to affect those who put them in place, Russia’s Rosneft will work to minimize their effect, Rosneft CEO Igor Sechin said Thursday.

"I am sorry Exxon was hurt, it received a $2 million fine for communicating with us. So the sanctions are beginning to work against those who imposed them. This is positive … The president’s powers are limited. And sometimes it seems to me that the biggest sanctions are imposed against him, not us. So we shall see how the ones who take decisions like this. We shall look for opportunities to work in a way to minimize the effect of the sanctions," Sechin told reporters.

Moreover, Russia’s Rosneft company will work with Venezuela and expand the energy sector cooperation, Rosneft CEO Igor Sechin said Thursday.

"This is a country with the best hydrocarbon reserves in the world, and every oil and gas company should seek to work in this country from this point of view … As I said, we will never leave. Nobody will be able to make us leave. We shall work with Venezuela and increase our cooperation," Sechin told reporters.

The new US sanctions boost restrictive measures against Russia, particularly against the Russian energy industry. The new restrictions also counteract the construction of Russia's Nord Stream 2 gas pipeline, as the United States believes the project threatens the energy security of Ukraine and the European Union.

2017.08.03 / 13:56
See also

US air force expands bombing campaigns in Afghanistan

Putin, Erdogan may have telephone conversation soon

Ilham Aliyev met with Secretary-General of UN

Russia killed 850 militants in Syria in last 24 hours

Peacekeepers can use force only for self-defence

Trump war plan has better chance than Obama's

Erdogan criticizes US court over political bias

Houthi drone shot down in Yemen’s Lahij province

Rouhani refers to Trump as 'rogue newcomer'

Zakharova said that Morgan Freeman framed

Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla