DataLife Engine / US power companies turn against new bill on anti-Russian sanctions

US power companies turn against new bill on anti-Russian sanctions

The power companies are concerned about provisions of the bill, which limits the possibility of creating partnerships with Russian companies under restrictive measures. The bill’s current edition, in particular, can affect two of the projects of Exxon with Rosneft outside of Russia, in the state of New Mexico and the Canadian province of Alberta.

The law, if it comes into force, will prevent any partnerships with Russian companies, not only in the energy sector, but also in the financial and industrial sectors.

4-07-2017, 09:50
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