(Reuters) – The U.S. Treasury Department on Friday announced sweeping new sanctions on Russia’s energy sector, including oil giants Gazprom (MCX:) Neft and Surgutneftegaz, to try to hinder Moscow in its war with Ukraine.
Britain has also joined the sanctions against these two companies, the US Treasury Department said.
The sanctions also target more than 180 ships and dozens of oil traders, oilfield service providers, insurance companies and energy officials, according to the Treasury Department’s Office of Foreign Assets Control (OFAC).
Following are some key entities and individuals affected:
RUSSIAN OIL MAJORS
Gazprom Neft;
Surgutneftegaz;
More than twenty subsidiaries of Gazprom Neft and Surgutneftegaz, including the Moscow oil refinery and entities based in Kazakhstan, Kyrgyzstan and Luxembourg.
RUSSIA’S OVERSEAS OIL EXPORTS
the Russian state shipping company and fleet manager Sovcomflot;
Two Russia-based maritime insurance companies: Ingosstrakh Insurance Company and Alfastrakhovanie Group, both previously sanctioned by the United Kingdom;
Sixty-nine ships owned by Sovcomflot, including 54 oil and product tankers and four liquefied (LNG) tankers;
Two UAE-based ship managers supporting Sovcomflot: Fornax Ship Management FZCO and Stream Ship Management FZCO;
One hundred and eighty-three ships, mostly oil tankers, that are part of the shadow fleet, as well as oil tankers owned by Russia-based fleet managers;
Rosnefteflot, the maritime transport arm of the Russian oil company Rosneft.
Sovcomflot, Rosnefteflot, Gazpromneft Marine Bunker and other shipping companies subject to the new sanctions are regular shippers of Russian oil to India.
OPAQUE TRADERS OF RUSSIAN OIL
Black Pearl Network, a major trader of Russian barrels, including barrels priced above the $60 price limit. According to OFAC, Black Pearl has likely sold more than $2 billion worth of Russian crude oil and oil products since 2023;
UAE-based Conmar Maritime DMCC (Conmar), which is affiliated with Black Pearl, and a number of other UAE and Hong Kong-based trading offices.
RUSSIAN ENERGY OFFICIALS
Yusuf Alekperov, the founder and owner of Russian oilfield services company Welltech and son of one of Lukoil’s founders, Vagit Alekperov;
Aleksander Dyukov, CEO of Gazprom Neft;
Sergei Kudryashov, CEO of oil producer Zarubezhneft;
Nail Maganov, the head of oil producer Tatneft;
Vadim Vorobyev, CEO of Lukoil;
Vladimir Bogdanov, CEO of Surgutneftegaz.
