Media: the US may impose sanctions on Rosneft

Media: the US may impose sanctions on Rosneft

The reason for the sanctions is that the Russian company bought oil from Caracas at a discount and resold it at a higher price.

The US authorities may impose sanctions on Rosneft for cooperation with Venezuela, the US Special Representative for Venezuela Elliott Abrams announced.

He explained that, according to Washington, the Russian company bought oil from Caracas at a discount and resold it at a higher price. Thus, “Rosneft simultaneously helped the regime in Venezuela and profited from it.”

In January, after an unsuccessful coup attempt in Venezuela, the United States imposed sanctions against the state-owned oil company PDVSA. In March, the US Secretary of State Mike Pompeo announced that Rosneft continues to buy oil from PDVSA, despite the sanctions, and thereby “helps” President Nicolas Maduro.

It is to be noted that Rosneft has been under the sanctions of the European Union and the United States since 2014.

 

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