Adopts a list of designated legal persons to whom special economic measures apply
11 May 2022
On 11 May 2022, the Government of the Russian Federation adopted Decree No. 851, which introduced a list of designated legal persons to whom special economic measures apply. It includes 31 energy companies incorporated in the European Union, the United States of America, the United Kingdom, Singapore and Switzerland. Among these companies are Gazprom NGV Europe GmbH, Astora GmbH, ZGG – Zarubezhgazneftehim Trading GmbH, GAZPROM Schweiz AG, WIEE Hungary Kft., IMUK AG, WIBG GmbH, WIEH GmbH, WINGAS GmbH and others.
In addition to the Presidential Decree No.252 the list of prohibited transactions with the sanctioned persons include the following:
- Transactions involving entry of vessels owned or chartered by the designated persons into Russian seaports;
- Transactions involving payments and securities transactions with or for the benefit of the designated persons.
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Type:
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Treatment and operation (Operational conditions )
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Industry:
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Services (Electricity, gas, steam and air conditioning supply)
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Sources:
