22/11/24 | 5:30 pm | US sanctions on Russia

Print

Kremlin says new U.S. sanctions are an attempt to hinder Russian gas exports

The Kremlin on Friday said that new U.S. sanctions on Russia’s Gazprombank were an attempt by Washington to hinder the export of Russian gas, but said a solution would be found.

Washington imposed new sanctions on Gazprombank on Thursday that prevent the lender from handling any new energy-related transactions that touch the U.S. financial system, ban its trade with Americans and freeze its U.S. assets.

Gazprombank is one of Russia’s largest banks and is partially owned by Kremlin-owned gas company Gazprom. Ukraine has been urging the U.S. to impose more sanctions on the bank, which receives payments for natural gas from Gazprom’s customers in Europe.

Asked whether the sanctions were an effort to stop European buyers still wanting Russian gas from buying it and whether Russia would fight for the right to supply gas to them, Kremlin spokesman Dmitry Peskov said: “The answer to both parts of your question is yes.”

Peskov said he could not yet answer questions on where future gas payments would be directed and whether Gazprombank would continue to maintain the accounts of foreign gas buyers.

“Of course, options will be found,” he said. “Complete blocking measures against a country like Russia are impossible. It may take some time for this, but a solution will still be found.”

(Reuters)

RELATED ARTICLES

4 hours ago | affordable housing reforms

Land, rental housing and finance key to affordable housing reforms: Rajiv Gauba

Land availability, urban planning reforms, rental housing and access to finance must remain at the centre of efforts to expand affordable housing in Indian cities, Member of NITI Aayog Rajiv Gauba said on Tuesday. Addressing the National Conference ...

4 hours ago | Hariyali Amavasya

Shivraj Singh Chouhan calls for nationwide plantation drive on Hariyali Amavasya, over 50,000 saplings to be planted

Union Agriculture and Farmers’ Welfare and Rural Development Minister Shivraj Singh Chouhan has called upon people across the country to mark Hariyali Amavasya on August 12 by planting saplings, with members of the Vriksh Mitra Parivar pledging to ...

4 hours ago | ABVP

Protests grip Ranchi: ABVP workers detained after clash with police during march, BJP enforces bandh following police action on JPSC-JSSC aspirants

A day after the police crackdown on student aspirants protesting against alleged recruitment irregularities in JPSC and JSSC, political and civil unrest intensified across Jharkhand on Tuesday as the Akhil Bharatiya Vidyarthi Parishad (ABVP) led a pr...