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Britain Targets Russia's $50bn Arctic Oil Project with New Sanctions

Summary by dailymail.com
The Prime Minister announced the new sanctions as he attended a summit of European leaders in Dublin.

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The UK has expanded the sanctions list against Russia to include PAO "Sibur Holding" and Rosneft Project "East Oil" on the website of the United Kingdom Government.

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The British authorities have included Sibur Holding and Rosneft's Vostok Oil project in the anti-Russian sanctions list. The United Kingdom government announced the expansion of the sanctions list, reports TASS. Slavneft, Kuzbassrazrezugol, Siberian Coal Energy Company and NIPIGazPererabotka JSC also fell under British restrictions. In addition, sanctions were imposed against Emirati companies Forteza Trading, Novus Energy and Patera.According t…

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The UK listed the largest producer of petrochemical products in Russia, CIBUR Holding, as well as an engineering company owned by CIBRA's shareholders, "NIPIgas processing", as reported by the British Financial Sanctions Implementation Authority (OFSI).

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Interfax.ru broke the news on Thursday, November 12, 2026.
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