Absence of Gazprom and Rosneft from sanctions list is “elephant in the room”

Responding to the additional sanctions on Russian companies and individuals announced today by Boris Johnson, Liberal Democrat Leader and former Energy Secretary Ed Davey said:

The absence of Gazprom and Rosneft, part-owned by BP, in today’s sanctions list is the elephant in the room. The UK must do everything we can to stand in solidarity with the people of Ukraine.

Russia’s state-owned oil and gas giants stand to profit from this war and soaring prices. We must start treating Putin’s Russia like the rogue state it is and immediately cut off UK investment in these firms.

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3 Comments

  • David Le Grice 25th Feb '22 - 6:33am

    The US failing to sanction SWIFT or Putin personally seems outright criminal!

    I mean we threatened to do it, Russia does the worst it can and we give them fewer sanctions than expected!

    Sanctions clearly don’t have much effect but making them lighter than expected will outright encourage Putin further!

  • What I can’t understand is why the UK and its allies haven’t immediately closed all borders to Russians who want to enter Europe, the USA or Canada for all purposes except as refugees and asylum seekers and revoked all residence permits and visas for Russians, including for children attending schools here, who have anything to do with the Russian State and told them to go home immediately.
    We should stop buying gas oil from Russia and end all trade and freeze all bank accounts. Cut Russia off from the rest of the world. Putin only understands serious action. He doesn’t believe that the West will cut him and his friends off. All the evidence is that he is right.
    Could it be that our current govt (and indeed Republicans in the USA) are far more worried about losing their Russian money than the fate of Ukraine?
    If we want to stop Putin, we must seriously undermine his support base at home. Sending Russians back home and cutting off the vital trade in gas and oil will do that. Winging and complaining and doing the minimum will not.

  • Lorenzo Cherin 25th Feb '22 - 12:39pm

    Agree with Danny, Mick, but let’s see this more as non party.

    The UK under Tories are still better on Swift and things like it, at least at this point, than the US under Biden and the EU countries. Donald Tusk in outrage, as a Polish citizen, his anger, at Italy, Germany, France, not the UK!

    The love for the EU in our party has always been odd. We should like and support, not love and adore, institutions.

    And reform and criticise as well!

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