Other blacklisted companies include Slavneft-affiliated Baikit Oil and Gas Exploration Expedition, Slavneft-Nizhnevartovsk, Obneftegazgeologiya and Tatneft-Samara

The EU is also imposing a ban on transactions with a Georgian refinery allegedly involved in trading and refining Russian oil

The sanctions against Alexander Zharov are justified by his company’s activities, which allegedly helps to form opinions about the conflict in Ukraine

Other blacklisted companies include Slavneft-affiliated Baikit Oil and Gas Exploration Expedition, Slavneft-Nizhnevartovsk, Obneftegazgeologiya and Tatneft-Samara