Russian Crimea Project Faces New EU Sanctions

7 Aug 2017   Russia

Deputy Russian Energy Minister Andrew Cherezov and three new Russian companies now face new sanctions from the European Union due to their involvement in the delivery of gas turbines to Crimea. The additions contribute to the existing blacklist of 150 people and 37 firms subject to asset freezes and a travel ban to European countries. “The decision of Brussels to include a number of Russian officials and companies as a retaliatory measure for alleged illegitimate supply of Siemens gas turbines to Crimea prompts deep regret,” according to a statement by the Russian Foreign Ministry. The EU’s stance against Russian interference in Ukraine began in 2014 when Moscow led a campaign to annex Crimea. Russia is currently in the process of constructing new energy infrastructure in Crimea, but Western sanctions continue to derail the efforts. The $1.3-billion project is to have two new high-tech plans in Crimea to ensure electricity […]

Tags:

Comments are closed.