Offshore eastern Russia field added to US sanctions list

Offshore staff

WASHINGTON, D.C. – The US has added Yuzhno-Kirinskove field offshore Russia in the Okhotsk Sea to a list of sanctions as a response to Russian activity in Ukraine.

The field, operated by Gazprom, is going on the Entity List which means exports or transfers of oil from Yuzhno-Kirinskove will require a license from the US Commerce Department, and that such a license was unlikely added the Reuters report.

08/12/2015

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...