Contents tagged with Alexey Miller

  • Russia's Gazprom begins termination of contracts with Ukraine's Naftogaz

    Gazprom was unable to reach an agreement with Naftogaz on gas transit through Ukraine and sent a request to the Stockholm Arbitration for termination of the existing gas transit and supply contracts.

    “Gazprom was ready to negotiate with Naftogaz of Ukraine on gas transit after 2019. However, Ukraine must justify the economic feasibility of transit through its territory,” said Gazprom's Deputy Chairman of the Board of Directors Alexey Miller.

    On February 28, the Stockholm Arbitration Court …

  • Russia promises to respond to US sanctions

    Moscow will have a "harsh response," to the US sanctions, as stated by the Russian Foreign Ministry. "There is no pressure that could force Russia to withdraw from the chosen course. They [the sanctions] only   demonstrate the inability of the United States to achieve its goals and are bringing the Russian society closer together. Of course, we will not leave current and any new anti-Russian attack without a harsh response. However, first of all, we would like to advise Washington to get rid …

  • Fortune of Russian oligarch Deripska shrinks by $2.5 billion after US puts him on sanctions list

    On Friday, April 6, the U.S. Department of the Treasury imposed new sanctions against Russian businessmen, officials and managers of state companies. They involve the freezing of assets of those included in the sanctions list and also prohibiting American citizens and companies to engage in any economic activity with the blacklisted individuals.  According to the U.S. Department of the Treasury, the sanctions were introduced in response to Moscow’s attempts at undermining western democracies.  …