Economic sanctions imposed on Moscow over the conflict in Ukraine might threaten Russia’s energy future – a serious threat many analysts say, given the country’s over reliance on oil and gas revenues.
The list of sanctions announced by the EU and US in September includes restrictions on sale, supply, transfer or export, directly or indirectly, of certain goods, services and technologies for the oil industry and prohibits the provision of services for deep water oil exploration and production, Arctic oil exploration and production or shale oil projects.
