Sanctions against Rosneft and Lukoil could deprive the Kremlin of up to $5.5 billion each month, — Vlasyuk
6.11.2025 - 10:46
New restrictions by the US, UK and EU on Russian oil and gas exports could significantly affect the financing of the Russian army.
The sanctions imposed against Russian oil giants Rosneft and Lukoil could deprive Russia of up to $5.5 billion in monthly revenues. This was stated by the Presidential Commissioner for Sanctions Policy Vladyslav Vlasyuk to Ukrinform.
According to him, the sanctions imposed successively by the UK, the US and the EU cover not only the main companies, but also more than 30 subsidiaries – in total up to 60-70% of all Russian oil exports to China and India.
“If the sanctions are complied with at least 80%, it could cost the Kremlin about $5.5 billion per month,” Vlasyuk emphasized.
Despite the fact that the US sanctions will come into force only on November 20, the effect is already noticeable. Contracts for the supply of Russian oil began to lose demand – in a week the volume of contracting fell by 20%, and Chinese buyers “sharply lost interest”.
Vlasyuk added that Russia will not be able to bypass the restrictions through alternative exporters.
“The West is now acting synchronously – even new pipelines will quickly fall under sanctions,” he noted.
Vlasyuk also emphasized that even China will not be able to ignore these restrictions, because oil is not an area where isolationism is possible.
The restrictions will also affect the Russian defense industry: companies often use foreign currency accumulated abroad to finance military purchases.
As USM wrote the day before, after the drone attack, the Russian port of Tuapse stopped fuel exports.
