US and European Union are going to ban the world companies from investing capital into development of oil fields on the Russian territories.
The volume of investments is $425 billion a year, which will be spent for development of the oil industry of Russia, Bloomberg reported quoting three US officials.
The new sanctions against Russia applied for its policy in Ukraine will ban the US and European companies from exploring fields in the Russian part of Arctic as well as offshore deep and shale fields.
The measures have not been announced officially yet, but if they are applied, then they will affect ExxonMobil, BP, Shell, Total and Statoil companies.
The Russian companies cannot perform these works by themselves. Only US and European companies possess the resources and equipment to explore deep-water fields in Arctic.
The total package of the US and EU sanctions will also include defense field, energy and financial measures.
The European Union has approved the new sanctions against Russia, but postponed their introduction, waiting for the results of truce in Donbass.
This is a high stake for Russian President Vladimir Putin, because the Russian oil industry depends on the European and American technologies.
