Regarding the last row of sanctions imposed on Russia by the US and the EU, Vladimir Putin said he sees no need for counter sanctions.
“We would very much wish not to resort to any measures in response,” he told reporters. “But if something like that continues, we will of course have to think about who is working in the key sectors of the Russian economy, including the energy sector, and how.”
Certain US companies have close business ties to Russia, including Exxon Mobil and Chevron Corp.
For example, Exxon Mobil’s net acreage holdings in Sakhalin, Russia were about 85,000 acres at the end of 2013, while its net acreage in the Rosneft joint venture for the Kara and Black Seas was 11.3 million acres.
Chevron Corp has a 15 percent stake in the Caspian Pipeline Consortium, which transports crude oil from Kazakhstan through Russia to the Black Sea.
The Tap Blog is a collective of like-minded researchers and writers who’ve joined forces to distribute information and voice opinions avoided by the world’s media.