Ukraine-Russia crisis: US sanctions Crimean separatists and Chernomorneftegaz gas firm

One of the billionaires said being singled out was an "honour"

The United States imposed sanctions on high-profile Crimean separatists and the Chernomorneftegaz gas company based in the region on Friday, as part of the third round of sanctions in an attempt to ease tensions in what has become the worst diplomatic crisis between East and West since the Cold War. 

US officials said the move aimed to make it impossible for Russian firm Gazprom to deal with Chernomorneftegaz.

On April 1, Russia's energy minister said Gazprom would pay for the construction of an undersea gas pipeline to Crimea and would take part in a tender on the privatization of the local energy company.

“We are saying to the world, with some teeth, you are not going to invest in Crimea with impunity,” warned a US official.

It also makes way for the possibility of a harder line ahead of talks among US, Russian, Ukrainian and EU officials in Geneva on Wednesday.

Leaders will discuss Russia’s annexation of Crimea last month, when Moscow sent troops into the region on 18 March – angering Western powers who claim Russia has massed forces on its border with the intent to seize more of the country.

Read more: We can achieve the European dream by uniting its nations
Does EU involvement in Ukraine amount to colonialism?

As the prospect of the West invading Russia remains unlikely, its response has included economic sanctions, efforts to bolster the defenses of other European nations who fear Russia, and strong condemnation of Moscow's actions.

The news comes as pro-Russia activists continued their protests in eastern Ukraine. On Saturday the situation remained tense, as armed pro-Russia gunmen seized a police building in Slaviansk.

Additional reporting by Reuters

Start your day with The Independent, sign up for daily news emails
News
ebookA unique anthology of reporting and analysis of a crucial period of history
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Guru Careers: Dining Room Head Chef

£32K: Guru Careers: We are seeking a Dining Room Head Chef to work for one of ...

Guru Careers: Pastry Sous Chef / Experienced Pastry Chef

£27K: Guru Careers: We are seeking a Pastry Sous Chef / Experienced Pastry Che...

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + competitive: SThree: Are you a recent graduate loo...

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + competitive: SThree: Did you know? SThree is a mul...

Day In a Page

Abuse - and the hell that came afterwards

Abuse - and the hell that follows

James Rhodes on the extraordinary legal battle to publish his memoir
Why we need a 'tranquility map' of England, according to campaigners

It's oh so quiet!

The case for a 'tranquility map' of England
'Timeless fashion': It may be a paradox, but the industry loves it

'Timeless fashion'

It may be a paradox, but the industry loves it
If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

Could have done with Osama bin Laden staying alive?

Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
New exhibition celebrates the evolution of swimwear

Evolution of swimwear

From bathing dresses in the twenties to modern bikinis
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine