Do sanctions work?

July 08, 2022

They definitely do, the latest news being that oil production at one of the Russian oilfields fell 22 times, to just 10,000 barrels per day. As a result, the regional budget of the aggressor will lose approximately $0.4 billion/year, and let them forget about this field altogether — it will be watered down with such minimal production volumes.

Now this effect needs to be scaled up to other regions. We are waiting for a concrete step from France, they should make Total Energies to withdraw from the Russian companies "TernefteGaz" (49%), "Yamal LNG" (20%), "Novatek" (19.4%), and "Arctic LNG2" (10%).

Otherwise, this will mean quasi-solidarity and a play of the victim with terrorists.


https://razumkov.org.ua/komentari/chy-pratsiuiut-sanktsii

Maksym Bielawski

Leading Expert, Energy Programmes


Born in 1986 in Zhytomyr oblast

Education:

Zhytomyr State Technological University (2008)

Ph.D in Technical Science (2010)

Ivano-Frankivsk National Technical University of Oil and Gas (2012)

Author of 17 patents and 100 scientific works

Work Experience:

2008 – 2011 — Operator of Gas Infrastructure Units, Controller of Gas Transmission System in Rivne Division of PJSC "Ukrtransgas"

2011 – 2017 — Leading Engineer, Deputy Head of Press-Service, Head of Public Relation Department of PJSC "Ukrtransgas"

2017 – 2018 — HR Director of PJSC "Maine Gas Pipelines of Ukraine", Advisor to the Minister of Energy and Coal Industry of Ukraine

2021 — Director of Integrated Communications of NJSC "Naftogaz of Ukraine"

bielawski.maksym