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New UK sanctions on Russian energy to include Rosatom and nuclear energy 

The sanctions have been announced alongside the G7 Summit, where member states will discuss further action to limit Russian economic growth.

Power Technology By Florence Jones 19 May 23

he UK has announced a new wave of sanctions against Russia, as the G7 Summit begins in Japan this weekend.  

The sanctions will target companies connected to the theft of Ukrainian grain and the shipment of Russian energy, defying current sanctions. Further sanctions from G7 nations are also expected to be unveiled this weekend. 

According to the UK Government, the sanctions will affect 86 individuals and entities “connected to Russia’s capacity to fund and wage the war [in Ukraine]”.  

The sanctions will also affect companies connected to Russian nuclear energy company Rosatom, which supplies 20% of Russia’s energy. Rosatom also recieved sanctions from the US Government in February. The French state has also been under scrutiny for its connection with Rosatom due to a joint declaration of research cooperation signed in 2021. 

According to a statement from the government, sanctions will be placed on “Matex, which produces composite materials based on carbon fibre for Rosatom that could be used for military purposes, and Triniti, whose research and development into laser physics is directly funded by the Russian Federation’s State Defence Order”.  

Oleg Romanenko, a lead official at the Zaporizhzhia Nuclear Power Plant, which the UK Government suspects is colluding with the Russian Government, will also be impacted by sanctions. Sanctions will also impact 13 members of the Gazprom-Neft board of directors and five members of the Transneft board of directors. 

Other sectors that will be sanctioned by the UK include metals production, transport services, defence companies and banks. ………….. https://www.power-technology.com/news/new-uk-sanctions-russian-energy-include-rosatom-nuclear-energy/

May 21, 2023 - Posted by | politics international

1 Comment »

  1. If there are supposed to be sanctions on Russia, why is the US still buying uranium from them and allowing the export to Russia of dual use electronic and electrical parts supposedly for consumer appliances? Only medical supplies such as vaccines, anti-biotics and food supplies should be allowed to be traded or sold to Russia, nothing else. Cut their banking and financing as well.

    paulrodenlearning's avatar Comment by paulrodenlearning | May 21, 2023 | Reply


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