Russia has imposed sanctions against 31 energy companies from the European Union, the United States and Singapore. The sanctions mainly affect Gazprom Germania, the former German division of the Russian state gas company Gazprom. Also on the sanction list is EuRoPol, the owner of the Polish part of the Yamal gas pipeline that transports Russian gas to Europe.
The sanctions prohibit Russian companies from trading with the companies on the blacklist. They are also no longer obliged to fulfill their obligations to the sanctioned companies, the decree signed by President Vladimir Putin said.
Ships used by the companies on the sanctions list are no longer allowed to enter Russian ports.
Germany took control of Gazprom Germania in April. Shortly before that, that company had concluded an acquisition deal without informing the German gas network regulator, while it should have been.
After the Russian invasion of Ukraine, western countries already imposed many sanctions against Russia. For example, the foreign assets of the Russian central bank were closed and transactions with several large banks from Russia were banned. The export of strategically important goods, such as semiconductors, to Russia is also prohibited.
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