RUSSIA & CHINA: NO SANCTIONS
Russia is developing non-dollar financing and ties with China in the face of U.S. and EU sanctions, the head of Rosneft's Swiss-based trading division, Marcus Cooper, said on Tuesday.
"Sanctions are being counteracted ... from a very high level," Cooper told the Platts' Global Crude Oil Summit.
Rosneft and its chief Igor Sechin, one of the closest allies of President Vladimir Putin, were hit by sanctions that prevent long-term financing, development of tight oil, Arctic and offshore deposits as part of broader measures against Russia for its actions in…
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