UK Expands Sanctions to Include Tatneft Amid Ongoing Efforts to Counter Russian Aggression

On Thursday, the British government announced new sanctions against 24 individuals and entities associated with Russia, accusing them of involvement in efforts to destabilize Ukraine and undermine its sovereignty.

The latest sanctions target six oil and gas companies, including Tatneft, Russneft, and NNK-Oil, along with seven trading firms and four chemical manufacturers.

Tatneft stands out among the newly sanctioned companies as the leading oil producer in Tatarstan, one of Russia’s most significant oil-producing regions.

Some of the affected companies operate from the United Arab Emirates, such as Saphira Energy and Gimli Trade, while at least five of the sanctioned trading and chemical firms are registered in Uzbekistan and Kyrgyzstan.

The five Russian individuals added to the sanctions will face travel restrictions to Britain and their assets will be frozen.

In an unrelated action, the European Union also imposed sanctions on 41 new vessels believed to belong to Russia’s so-called “shadow fleet,” which is utilized to export oil in violation of Western sanctions, raising the total number of sanctioned ships to nearly 600.