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Russian Tatneft oil firm ran Crimea fuel station, ignoring sanctions risk

Source : 112 Ukraine

The majority of big Russian oil firms pulled out of Crimea after Washington imposed sanctions over Crimea's annexation in 2014
22:13, 20 December 2017

Reuters

One of Russia’s biggest oil companies, Tatneft, has been doing business in Crimea despite the risk of being placed on a U.S. sanctions blacklist. Reuters reported this with reference to company documents and a source close to Tatneft.

The majority of big Russian oil firms pulled out of Crimea after Washington imposed sanctions over Moscow’s annexation of the region from Ukraine in 2014 and threatened to put any company operating on the peninsula on its list of sanctioned entities.

Related: Crimean Tatar Mejlis chairman stands for change of talks’ platform in Belarus

But a company called ZAO firma KONTs that operated a fuel station in the Crimean city of Sevastopol until at least September is controlled by units of Tatneft, according to ownership records in the state tax registry and the state statistics service that were collated by the Russian database.

Related: After UN resolution, de-occupation of Russia-annexed Crimea should become the next step

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