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1. www.reuters.com › business › financeUS Treasury targets Russia's Gazprombank with new sanctions

   www.reuters.com › business › finance

   6 hours ago · , opens new tab Since Russia's invasion in February 2022, Ukraine has been urging the U.S. to impose more sanctions on the bank, which receives payments for natural gas from Gazprom's customers in ...

2. apnews.com › article › russia-ukraine-war-sanctionsThe biggest remaining unsanctioned Russian bank hit with U.S ...

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   8 hours ago · Ukraine says it will halt flows of Russian gas through a pipeline across Ukraine to Europe - about 4% of Europe’s gas imports - at the end of the year. Gazprom recently cut off shipments through that pipeline to Austria’s OMV in a commercial dispute; OMV has said it has plenty of reserves and can find alternative supply elsewhere.

3. home.treasury.gov › news › press-releasesTreasury Sanctions Gazprombank and Takes Additional Steps to ...

   home.treasury.gov › news › press-releases

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   1 day ago · Treasury imposes sanctions on dozens of Russian banks, securities registrars, and finance officials; OFAC issues alert warning of risks of joining Russia’s System for Transfer of Financial MessagesWASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took another major step in implementing commitments made by G7 leaders to curtail Russia’s ...

4. abcnews.go.com › US › wireStoryThe biggest remaining unsanctioned Russian bank hit with U.S ...

   abcnews.go.com › US › wireStory

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   1 day ago · WASHINGTON -- Russia's third largest bank, Gazprombank and its six foreign subsidiaries were hit with U.S. sanctions on Thursday — in a move intended to curtail Russia's ability to evade the ...

5. www.voanews.com › a › us-imposes-new-sanctions-onUS imposes new sanctions on Russia's Gazprombank

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   1 day ago · FILE - The logo of Russia's bank Gazprombank, a subsidiary of state energy giant Gazprom, is seen at its office in Moscow, April 27, 2022. The United State sanctioned, Nov. 21, 2024, on Gazprombank.

6. www.ft.com › content › f6ba327b-5200-4deb-ba95-fba3Gazprom plunges to worst loss in decades as sales to Europe ...

   www.ft.com › content › f6ba327b-5200-4deb-ba95-fba3

   May 2, 2024 · Last year, however, Gazprom Neft generated almost as much in sales as Gazprom’s gas business and brought in a profit equal to two-thirds of the gas segment’s 2022 profit, Vakulenko said ...

7. People also ask

   Who owns Gazprom bank?

   • Gazprombank is one of Russia's largest banks and is partially owned by Kremlin-owned gas company Gazprom. (GAZP.MM) Since Russia's invasion in February 2022, Ukraine has been urging the U.S. to impose more sanctions on the bank, which receives payments for natural gas from Gazprom's customers in Europe.

   US Treasury targets Russia's Gazprombank with new sanctions

   www.reuters.com/business/finance/us-targets-russias-gazprombank-with-new-sanctions-treasury-website-shows-2024-11-21/

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   Did Gazprom Neft make a profit in 2022?

   • Last year, however, Gazprom Neft generated almost as much in sales as Gazprom’s gas business and brought in a profit equal to two-thirds of the gas segment’s 2022 profit, Vakulenko said, despite having just a quarter of its parent’s assets.

   Gazprom plunges to worst loss in decades as sales to Europe collapse

   www.ft.com/content/f6ba327b-5200-4deb-ba95-fba3bbd6536a?sharetype=gift

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   What role did Gazprombank play in Russia's natural gas crisis?

   • Gazprombank played a role in remaining Russian natural gas supplies to Europe by handling payments from foreign customers. Earlier rounds of sanctions spared Russian gas because Europe’s economy was so dependent on it but Europe is now far less reliant on Russian gas, which is down to about 18% of imports.

   The biggest remaining unsanctioned Russian bank hit with U.S. sanction…

   abcnews.go.com/US/wireStory/biggest-remaining-unsanctioned-russian-bank-hit-us-sanctions-116094366

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   What is Gazprom Neft?

   • Gazprom’s oil business, Gazprom Neft, has become the company’s main lifeline, contributing 36 per cent of revenues and 92 per cent of net income in the first half of 2023. The division’s market value even surpassed that of its parent company last year.

   Gazprom grapples with collapse in sales to Europe - Financial Times

   www.ft.com/content/e1b65044-1a97-429a-b1e2-c337a343ec2a

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   Why did Canada sanction Gazprombank?

   • Canada and the United Kingdom have previously sanctioned Gazprombank. Treasury states that Gazprombank is a means for Russia to fund its military to continue its war effort against Ukraine, using the bank to pay soldiers and compensate families of Russian soldiers killed in the fighting.

   The biggest remaining unsanctioned Russian bank hit with U.S. sanction…

   abcnews.go.com/US/wireStory/biggest-remaining-unsanctioned-russian-bank-hit-us-sanctions-116094366

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   Why did Gazprom's revenue drop in 2022?

   • Gazprom’s revenue from gas sales outside Russia fell from Rbs7.3tn in 2022 to Rbs2.9tn last year, a drop analysts said was mostly driven by the loss of its European sales.

   Gazprom plunges to worst loss in decades as sales to Europe collapse

   www.ft.com/content/f6ba327b-5200-4deb-ba95-fba3bbd6536a?sharetype=gift

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8. www.ft.com › content › e1b65044-1a97-429a-b1e2-c337aGazprom grapples with collapse in sales to Europe

   www.ft.com › content › e1b65044-1a97-429a-b1e2-c337a

   Feb 19, 2024 · Gazprom’s oil business, Gazprom Neft, has become the company’s main lifeline, contributing 36 per cent of revenues and 92 per cent of net income in the first half of 2023. The division’s ...