Et af de store olieselskaber, det franske firma Total SA, ignorer vestlige sanktioner af Rusland og fortsætter forretningerne i Rusland. Det er selvfølgelig også svært at lave effektive sanktioner når man som Frankrig er på spanden.
Total Chief Financial Officer Patrick de la Chevardière said Monday that the company was looking to finance its share in the $27 billion Yamal liquefied-natural-gas project in euros, Chinese yuan and Russian rubles. "The effect of U.S. sanctions was that Yamal LNG will be prevented from raising any dollar financing," Mr. de la Chevardière said at a London news briefing.
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Total, meanwhile, is relying on the Yamal project, which is expected to start up in 2017, to provide a big chunk of the company's production growth. Yamal is estimated to hold proven reserves of 800 million barrels of oil equivalent.
