News // Politics
US sanctions of Russia have «no adverse effect» on BP
01 August 2017 , 18:00Neftegaz.RU541
BP’s CEO does not expect the latest batch of sanctions imposed on Russia by Washington to have an adverse impact on the oil major’s operations, he said on August 1, 2017.
He said the bill had been redrawn to remove many aspects that could have dented oil & gas companies.
Mr Sechin has been targeted by earlier rounds of sanctions imposed on the Kremlin for its alleged involvement in the Ukraine conflict.
The latest penalties are a response to Russia’s alleged interference in the 2016 US Election.
During a conference call on BP’s 1st half results, Mr Dudley said BP’s work in Azerbaijan and Egypt could have been impacted, were it not for the amendments.
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