"Gazprom Neft assured of continued sustainable operations despite US sanctions
Russian company Gazprom Neft intends to continue its work despite new sanctions measures by the US Treasury Department. This was stated in a statement by its press service on January 10.
"The company will continue its work, maintaining business stability. Thanks to the implementation of technological sovereignty projects, the company ensures the stability of operational processes and production chains, reliability of supply to the market and its consumers," TASS quoted the statement as saying.
The company added that in advance, since 2022, it has been gradually preparing for new restrictions, taking into account negative scenarios. In this regard, the new sanctions have already been taken into account in the existing operational processes.
At the same time, Gazprom Neft considers the decision of the U.S. agency to include its assets in the sanctions list as unjustified, illegitimate and contrary to the principles of free competition, the company emphasized in its statement.
Earlier in the day, the US authorities extended sanctions against a number of Russian corporations and their executives. The list included Gazprom Neft and its head Alexander Dyukov, Surgutneftegaz, as well as the head of Zarubezhneft Sergey Kudryashov. In addition, restrictions were imposed on the CEO of Rosatom Alexei Likhachev. Gazprom's medium-tonnage natural gas liquefaction plant Gazprom LNG Portovaya on the Baltic coast was also added to the list.
Restrictions against Gazprom Neft and Surgutneftegaz were also imposed by the UK. Russian Foreign Ministry spokeswoman Maria Zakharova told Izvestia, commenting on the new US measures against Russia, that the incumbent US President Joe Biden is not going to "leave a trace in history" but "only leave a trace" before he leaves office.
Back in November 2024, Finance Minister Anton Siluanov said that Western sanctions will not lead to restrictions on Russia's foreign trade. According to him, all restrictions by Western countries first of all hit them.
Western countries increased sanctions pressure on Russia after the start of the special operation to protect civilians in Donbass, which was announced on February 24, 2022.