{"id":1248863,"date":"2025-11-10T18:43:00","date_gmt":"2025-11-10T16:43:00","guid":{"rendered":"https:\/\/uatv.ua\/?p=1248863"},"modified":"2025-11-07T12:17:09","modified_gmt":"2025-11-07T10:17:09","slug":"sanctions-against-rosneft-and-lukoil-could-cost-kremlin-up-to-5-5b-monthly-vlasiuk","status":"publish","type":"post","link":"https:\/\/uatv.ua\/en\/sanctions-against-rosneft-and-lukoil-could-cost-kremlin-up-to-5-5b-monthly-vlasiuk\/","title":{"rendered":"Sanctions against Rosneft and Lukoil could cost Kremlin up to $5.5B monthly \u2014 President\u2019s Commissioner for Sanctions Policy"},"content":{"rendered":"\n<p>New sanctions imposed by the United States, the United Kingdom, and the European Union against Russian oil companies Rosneft and Lukoil could deprive the Kremlin of up to $5.5 billion in monthly revenue, significantly impacting its military capabilities, <a href=\"https:\/\/uatv.ua\/en\/\">UATV English informed.<\/a><\/p>\n\n\n\n<p>Vladyslav Vlasiuk, the President\u2019s Commissioner for Sanctions Policy, stated this in&nbsp;<a href=\"https:\/\/www.ukrinform.ua\/rubric-polytics\/4055516-vladislav-vlasuk-sekretar-miznarodnoi-sankcijnoi-grupi-ermakamakfola.html\" rel=\"noreferrer noopener\" target=\"_blank\">an interview<\/a>&nbsp;with Ukrinform.<\/p>\n\n\n\n<p>\u201cThe UK was the first to impose sanctions on Rosneft and Lukoil, followed a week later by the United States. The Americans extended restrictions to these companies and 32 of their subsidiaries, targeting vertically integrated structures. This affects 60\u201370% of Russia\u2019s oil exports to India and China. If compliance reaches even 80%, the estimated monthly loss to the Russian budget could be around $5.5 billion,\u201d Vlasiuk explained.<\/p>\n\n\n\n<p>Although U.S. sanctions officially take effect on November 20, their impact is already being felt.<\/p>\n\n\n\n<p>\u201cOil contracts are signed in advance. Just last week, we observed a nearly 20% drop in future supply agreements. There are already reports that Chinese buyers have sharply reduced their interest in Russian oil. So the effect is already visible,\u201d he added.<\/p>\n\n\n\n<p>Vlasiuk emphasized that any attempts by Russia to circumvent the sanctions are unlikely to succeed, as Western partners are acting in coordination.<\/p>\n\n\n\n<p>\u201cRedirecting exports through another legal entity will almost certainly result in that company being sanctioned as well. After all, if the Americans, Europeans, and British have already imposed sanctions on Rosneft and Lukoil, then adding any other exporter to the blacklist would, in principle, be a straightforward matter,\u201d he noted.<\/p>\n\n\n\n<p>He also pointed out that even China cannot fully ignore these restrictions.<\/p>\n\n\n\n<p>\u201cIn today\u2019s oil trade, issues like supply, export, production, and transport insurance cannot be reduced to bilateral relations between Russia and China. The global oil market doesn\u2019t operate in isolation. I believe the impact will be substantial,\u201d Vlasiuk said.<\/p>\n\n\n\n<p>He further stressed that sanctions against oil companies will affect Russia\u2019s ability to finance its defense industry.<\/p>\n\n\n\n<p>\u201cThis will limit Russia\u2019s capacity to pay for weapons. It\u2019s not just about reduced budget revenues \u2014 it\u2019s also about restricted access to funds held by these companies, which are often used to settle payments for military supplies. Rosneft, Lukoil, and many other key exporters have frequently used funds accumulated outside Russia to settle payments for Russia\u2019s needs,\u201d Vlasiuk explained.<\/p>\n\n\n\n<p>As previously reported, maritime shipments of Russian crude oil have sharply declined following the latest U.S. sanctions.<\/p>\n\n\n\n<p><strong>Read also:<\/strong> <a href=\"https:\/\/uatv.ua\/en\/reuters-turkey-increases-purchases-of-non-russian-oil-following-latest-western-sanctions\/\">Reuters: Turkey increases purchases of non-Russian oil following latest Western sanctions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New sanctions imposed by the United States, the United Kingdom, and the &#8230;<\/p>\n","protected":false},"author":31,"featured_media":1248866,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36418,13,49,36415,53,50],"tags":[78],"sources":[],"class_list":["post-1248863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-11473-news-en-2","category-news","category-news-en","category-11473-news-en","category-russia-en","category-svit-en","tag-homepage-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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