Europe to sanction Sanction Rosneft, Gazprom Neft And Transneft.

Gazprom Rosneft Transneft

Gazprom Rosneft TransneftFollowers of the Ukraine versus Russia war in Eastern Europe would be aware of the increase in rhetoric among NATO and other European nations, regarding the need for further sanctions against Russia. Europe watches will know that threats never extend to Russia’s big energy producing companies, Rosneft, Gazprom Neft And Transneft.  It appears this all about to change.

A marked escalation in the actions of Europe’s leaders is rumored to be unleashed this Friday the 12th of September 2014. You might want to mark this day in your diaries as it could end up being one of those days in history. If what Peter Spiegel tweeted is accurate then Europe and Russia are in for one very “interesting” winter. One that will be remembered for generations to come.

Peter Spiegel, the Brussels bureau chief of Financial Times has apparently seen a leaked copy of what is being proposed for the next round of sanctions for Russia over it’s involvement in the Ukraine war. Russia denies any involvement in the war but recent reports have Russian troops and combat vehicles actively participating in the fighting in Easter Ukraine. He tweeted:

 

This is an extremely bold move by the European heads. Winter is fast approaching and Russian gas has a major role to play in keeping Europe warm through those long cold European winter nights. It will also force Putin’s hand in having to announce retaliatory sanctions. This is not as easy at it seems, Russia relies on much of Europe’s food to keep it’s population fed during those even longer and colder Russian’ winter days and nights.