Tuesday, September 1, 2015

US have developed refinements to the advanced sanctions “Rosneft” – RBC

Photo: RIA Novosti

Washington prepared a list of refinements to the sanctions against the structures of “Rosneft”. As it became known “Kommersant”, the Ministry of Industry and Trade of the United States is planning to publish it on Wednesday 2 September. The document also applies to companies associated with businessman Gennady Timchenko. The publication notes that although the document is technical, it can greatly improve the efficiency of already imposed sanctions against Russia.

On the timing of publication of the document publishing source in the US Embassy. According to him, the document “is not an extension of the sanctions, rather it is an internal measure designed to bring export controls in line with the financial sanctions».

The list is said the newspaper, got Airfix Aviation Oy, IPP Oil Products (Cyprus) Limited, Set Petrochemicals Oy, Southeast Trading Oy and Southport Management Services Limited, who are suspected of “providing material support” Gennady Timchenko. They punished the complete blocking of the property, which is located in the United States or under the supervision of an American citizen or company, including foreign missions.

According to “Kommersant”, the list of Industry and Trade of the USA present the key subsidiaries of “Rosneft” in production (“Vankorneft”, “Oil asset”, “Orenburgneft”, “SNG”, “Verkhnechonskneftegaz”, “RN-Yuganskneftegaz”), processing (Achinsk, Kuibyshev, Angarsk, Novokuibyshevsk, Syrzansky and Komsomolsk Refinery) and trading (Rosneft trade limited, Rosneft trading), and “RN-Holding”, where the consolidated assets of the former TNK-BP. From the previously published list of the US Treasury in the list of Industry and Trade has not entered only “Rosneft Finance».

As previously imposed sanctions prohibited the delivery of “Rosneft” equipment and technology for the development of shale deposits and the Arctic, as well as a deep-water shelf. The list came in a wide range of equipment: various types of pipes and equipment for horizontal drilling, drills, chemicals fracturing other items.

However, fallen under the prohibition of products and materials used in the design and operation of the traditional fields that do not fall under the sanctions, and so they continue to come to Russia. As one of the sources of the newspaper, the lack of direct reference to the sanctions list of subsidiaries allowed Western partners to do business in circumvention prohibitions own governments.

The expansion of the sanctions list of companies The US Treasury announced on 30 July. From subsidiaries “Rosneft” the list includes “Vankorneft”, “Neft-Aktiv” Achinsk refinery, Angarsk refinery, Kuibyshev Refinery, Novokuibyshevsk refinery, “Orenburgneft”, “RN Holding” RRDB “SNG” Syzran Refinery Komsomolsk refinery, “Yuganskneftegaz”, “Rosneft Finance”, “Rosneft Trade Limited”, “Rosneft Trading».

The list also hit the Izhevsk Mechanical Plant, “Concern Izhmash” holding IACS (Donetsk, Ukraine) , Airfix Aviation (Finland, Sweden), IPP Oil Products (Cyprus), Langvik Capital (Finland), SET Petrochemicals (Finland), Southeast Trading OY (Romania, Russia, Finland), SouthPort Management Service Limited (British Virgin Islands, Cyprus) . In addition, the sanctions were commercial ports Yevpatoria, Feodosia, Kerch, Sevastopol, Yalta and Kerch ferry.

The new round of tougher sanctions preceded the US Treasury, as well as national authorities of the EU and the European Commission to gather information on the schemes used to circumvent imposed on Russian restrictions. Western Office also investigated and identified loopholes that Russian companies use to bypass the sanctions sectoral

 

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