Novatek CEO expects no serious US sanctions against company - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Novatek CEO expects no serious US sanctions against company

MOSCOW, Apr 20 (PRIME) -- Leonid Mikhelson, CEO and co-owner of Russian independent gas producer Novatek, sees no risks of the company falling under any serious U.S. sanctions, Mikhelson said on Friday during an annual general meeting of the company’s shareholders.

“We don’t see the possibility of any serious sanctions to be extended on Novatek,” he said, adding that the company’s strategy encompasses introduction of technological sanctions against Novatek.

Novatek has been operating under sectorial sanctions of the U.S. that restrict access to financing and technologies since 2014.

End

20.04.2018 12:33