EU publishes new sanction list against Russia. Sanctions hit Russian Energy and military sectors

Eurasia News

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Monitoring Desk: EU publishes new sanction list against Russia. Sanctions hit Russian Energy and military sectors.

The sanctions target the finance, energy and defense sectors. The union has restricted three Russian energy companies from raising long-term debt on European capital markets – Rosneft, Transneft and Gazprom Neft.

Brussels has also added 24 individuals to the list, blocking travel to the EU and freezing assets. Russian MPs and businessmen, as well as politicians in Crimea and Donbass, are on the blacklist.

The EU has also halted services Russia needs to extract oil and gas in the Arctic, deep sea and shale extraction projects. Five major Russian state-owned banks – Sberbank, VTB, Gazprombank VEB and Rosselkhozbank – have been banned from receiving any long-term (over 30-day) loans from EU companies.

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