Sechin: US sanctions don’t affect current work between Rosneft and ExxonMobil
The US sanctions don’t affect current work between Rosneft and ExxonMobil, the President of Rosneft, I. Sechin, said on Wednesday.
On Wednesday the US Government introduced new sanctions in respect of the Russian companies, including Gazprombank and VEB as well as the energy companies Rosneft and Novatek. In particular, they don’t have the access to the US financial markets and the American companies and individuals are not allowed to issue loans for companies for more than 90 days. Also the USA might pressurize any foreign companies running their business in the USA demanding them to stop their business with the Russian companies-members of the sanctions list.