Subscribe free to our newsletters via your
. Space Travel News .




OIL AND GAS
Gazprom said finances still moving despite new U.S. sanctions
by Daniel J. Graeber
Moscow (UPI) Jul 21, 2013


disclaimer: image is for illustration purposes only

Russian energy company Gazprom said it's able to settle all of its payments in Russian and foreign currencies in the face of new U.S. sanctions.

Oil company Rosneft, Russian independent gas producer Novatek and the financial arm of Russian natural gas Gazprom were included on the list of sanctioned entities by the U.S. government last week.

Gazprom said in a statement Sunday it was able to settle payments opened by Gazprombank in full and on time "despite the expanded sanctions imposed unilaterally by the U.S. [government]."

The Russian economy relies heavily on the energy sector. Russian Minister of Economic Development Alexei Ulyukayev said Saturday his government may raise the issue of new U.S. sanctions with the World Trade Organization.

He said the government was analyzing the potential impact of U.S. sanctions very carefully.

"Our American partners have overstepped a certain line and this cannot be left unnoticed," he said. "It is very important to form a qualitative climate for investors so that they could work for the benefit of the Russian economy even under sanctions."

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
Russia envisions major gas pipeline project for India
New Delhi (UPI) Jul 21, 2013
A Russian gas pipeline along its southern border to India may be among the largest projects of its kind in history, the Russian envoy to New Delhi said. India is working on enhancing energy security and addressing its growing needs for natural gas. The country's government has expressed interest in separate gas pipelines from Turkmenistan and Iran. Russian President Vladimir Puti ... read more


OIL AND GAS
Sanctions on Russian launchers confers advantage to others

Orbital launches cargo ship to space station

Arianespace launches O3b Networks via Soyuz rocket

RUAG Space wins major Ariane 5 payload fairing contract

OIL AND GAS
Curiosity Finds Iron Meteorite on Mars

'Dry Ice' Cause of Gullies on Mars

Further Evidence of Dry Ice Gullies on Mars

NASA Mars Orbiter Views Rover Crossing Into New Zone

OIL AND GAS
Landsat Looks to the Moon

Sky-gazers can expect one 'Supermoon' per month for the next three months

NASA LRO's Moon As Art Collection Is Revealed

Solar photons drive water off the moon

OIL AND GAS
Annual Checkout Makes for Great Pluto Preparation

In exactly one year, NASA's New Horizons probe will reach Pluto

What If Voyager Had Explored Pluto?

The PI's Perspective - Childhood's End

OIL AND GAS
Friction from Tides Could Help Distant Earths Survive, and Thrive

Newfound Frozen World Orbits in Binary Star System

Discovery expands search for Earth-like planets

Astronomers discover most Earth-like of all exoplanets

OIL AND GAS
Marshall Propellant Tank Tech Benefits SLS Development

First Angara Test Launch Successful

NASA and Boeing finalize $2.8 million deal to build super powerful rocket

Russia to make fresh attempt to launch new rocket

OIL AND GAS
Chinese moon rover designer shooting for Mars

Yutu designer's bittersweet

Are China's Astronauts Moonbound

Chinese scientists prepare for lunar base life support system

OIL AND GAS
Twin comets discovered by ESA space probe Rosetta

Probe is headed for duck-shaped comet, images show

Burning down to Rosetta comet rendezvous

Deep in the main asteroid belt




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.