RUSSIALINK: “Western Sanctions on Russia’s Oil and Gas Sector: a Damage Assessment” – Carnegie Moscow/Tatiana Mitrova

“Don’t be misled by Western sanctions’ limited impact on Russia. In reality, they operate with an accumulating effect: the more time passes, the greater the potential technological backlog, financing gap, and negative consequences will be. In the long run, sanctions may jeopardize Russia’s oil and gas production volumes and the development of pipeline infrastructure, gradually squeezing the country out of foreign markets, limiting its export revenues, and undermining the stability of the Russian economy … Tatiana Mitrova is the Director of the SKOLKOVO Energy Centre”