Russia says it will continue oil and gas projects despite US sanctions

The Russian Foreign Minstry said that Russia would respond to Washington's 'hostile' actions while drawing up its foreign strategy.

By: Reuters
Moscow | Updated: January 11, 2025 10:42 PM IST

1 min read

A worker sits on his water tank truck next to the business tower Lakhta Centre, the headquarters of Russian gas monopoly Gazprom in St. Petersburg, Russia. (AP photo)

Russia will continue its large oil and gas projects despite sweeping new sanctions imposed by the United States, Russia’s foreign ministry said on Saturday.

It also said that Russia would respond to Washington’s “hostile” actions while drawing up its foreign strategy.

“Despite the convulsions in the White House and the machinations of the Russophobic lobby in the West, trying to drag the world energy sector into the ‘hybrid war’ unleashed by the United States against Russia, our country has been and remains a key and reliable player in the global fuel market,” it said.

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