The Ukrainian Ministry of Foreign Affairs has welcomed this Friday the decision by the United Kingdom to impose sanctions on the Russian oil company Slavneft, which makes London the first country to punish the ten largest oil producers in Russia.
"Ukraine welcomes with satisfaction this firm and timely decision. Russia must bear an ever greater economic cost for each day it continues with its aggression," the ministry said in a note published on social media.
With this move, Kyiv highlights that the United Kingdom is at the forefront of sanctions against the main Russian oil companies. The measures seek to put practical pressure on all sections of the income chain for Russian oil and gas, from extraction and trading to logistical infrastructure and maritime transport, according to the Ukrainian Government.
The sanction on Slavneft adds to those already imposed on other sector giants such as Transneft, Rosneft and Lukoil, as part of a new batch of restrictions announced shortly before the participation of Prime Minister Andy Burnham in the summit of the European Political Community held in Ireland.