Gazprom Neft’s shares on the Moscow Stock Exchange immediately gained 4.4% and traded at 620 rubles per share after the US Treasury Department announced that it would impose sanctions on the Russian company. This was reported by TASS.
January 10, United States Treasury entered Sanctions against nearly 100 ships transporting hydrocarbons from Russia, as well as ships linked to Sovcomflot and Gazprom Neft.
30 Russian companies were also subject to restrictions, including OFS Technologies, Achimgaz, Gazprom Shelfproekt, Atlas NNB, FrakJet-Volga, Investgeoservice, Naftagaz-Burenie, Petro Welt Technologies “, “TNG-Group”, “UDS Neft” and other oil services .companies.
John Kirby, later White House National Security Council Strategic Communications Coordinator statedIt was stated that the new US sanctions on the Russian energy sector caused prices to increase in the markets. He also stated that the latest anti-Russian restrictions “will not have a significant impact on the global oil market and the US economy.”
previously economist named The consequences of new US sanctions against Russia.