Rosneft undertook exploration on the shelf in the Ochamchira area, discovering preliminary reserves estimated at 200 million to 500 million tons of oil equivalent. Shares were priced at US$7.55, almost at the upper end of the price band, resulting in Rosneft's capitalizationtaking into account the upcoming consolidation of its subsidiariesat a value of US$79.8 billion, making Rosneft surpass Lukoil as the largest oil company in Russia. These prohibitions apply with respect to all Crimean port operators and sea ferry operators. Clearly communicating US sanctions obligations (including ban on exports and reexports from the United States to Crimea) and related compliance expectations with foreign financial and trade partners. Rosneft petitions court to end trusteeship. Budget, Financial Reporting, Planning and Performance, Financial Markets, Financial Institutions, and Fiscal Service, Treasury Coupon-Issue and Corporate Bond Yield Curve, Treasury International Capital (TIC) System, Kline-Miller Multiemployer Pension Reform Act of 2014, Taxpayers Will See Improved Service This Filing Season Thanks to Inflation Reduction Act, Disparities in the Benefits of Tax Expenditures by Race and Ethnicity, Racial Differences in Economic Security: Non-Housing Assets, Treasury Targets DPRK Actors Illicitly Generating Revenue Abroad, U.S. Treasury Announces New Funding and Financial Services Headed to Underserved Communities, Preliminary Report on Foreign Holdings of U.S. Securities at End-June 2022, Remarks by Under Secretary for Domestic Finance Nellie Liang at the Atlantic Council on the Next Steps in the Future of Money and Payments, Remarks by Secretary of the Treasury Janet L. Yellen at Bilateral Meeting with Prime Minister of Ukraine Denys Shmyhal, Remarks by Secretary of the Treasury Janet L. Yellen at Wreath Laying Ceremony in Kyiv, Ukraine, RT @TreasuryDepSec: At our roundtable with @BlkEconAlliance today, @SBAIsabel @RepNikema and I heard from business leaders about ways the f, RT @TreasuryDepSec: I'm in Atlanta this week with @SBAIsabel and @DepSecTodman to highlight some of the historic investments @USTreasury @S, Form 941, employer's quarterly federal tax return, Office of Foreign Assets Control - Sanctions Programs and Information, Specially Designated Nationals And Blocked Persons List (SDN), Civil Penalties and Enforcement Information, Special Inspector General, Troubled Asset Relief Program (SIGTARP), Administrative Resource Center (ARC)- Bureau of the Fiscal Service. countries. The newly designated port or sea ferry operators are now also subject to an asset freeze, and US persons are prohibited from dealing with them, including participating in any way with offshore transactions involving the port and identified ferry operators. See our previous advisory. The restrictions do not apply to gas projects. [49][48] As part of the deal Rosneft was to receive 5% of BP's shares, worth approximately $7.8billion, as of January 2011 and BP would get approximately 9.5% of Rosneft's shares in exchange. 13850 for operating in the oil sector of the Venezuelan economy. The ownership structure includes a Cayman Islands company, QHG Cayman Limited, whose ownership can not be traced. Investors bought 1.38 billion shares for US$10.4 billion: 21% of the shares were bought by strategic investors, 36% from international investors from North America, Europe, and Asia, 39% from Russian investors, and 4% from Russian retail investors. Rosneft Oil Company / annual report 2006 Contents Chairman's Address 6 Example: List of subsidiaries of General Electric at SEC.gov. [66], The Trump administration expanded further sanctions on its Swiss-incorporated company (Rosneft Trading S.A.) and its president Didier Casimiro on 18 February 2020, for supporting Venezuela's Nicols Maduro regime by operating in the oil sector of the Venezuelan economy. [98], On 20 March 2014, the United States government sanctioned Rosneft CEO Igor Sechin in response to the Russian government's role in the ongoing unrest in Ukraine. According to the ruling, websites of the companies should show the personal information of their top managers such as income, property, spouses, and children. These EOs respectively target persons involved in destabilizing Ukraine (EO 13660); Russian government officials and persons operating in the Russian arms sector (EO 13661); and persons operating in Crimea (EO 13685). Irish crew transfer vessel (CTV) owner and operator Farra Marine has expanded its fleet of CTVs after ordering another seven, Since Russias invasion of Ukraine a year ago, most of the fighting has been on land. At the same time, the composition of the beneficiaries were not disclosed as it was known that the oil company had previously committed to pay $180 million for the right to be the general sponsor of the 2014 Winter Olympics in Sochi. The replacement factor for new reserves has been significantly above 100% for over ten years. natural resource governance in oil, gas and mineral-rich This document is part of the source library for NRGI's 2017 Resource Governance Index, a comprehensive measure of the quality of natural resource governance in oil, gas and mineral-rich countries. OFAC has authorized a wind down period for both companies through 12:01 a.m. U.S. Eastern Time on May 20, 2020. Rosneft and many of its subsidiaries have been sanctioned in the past and appear on the Sectoral Sanctions Identification (SSI) List. The 29 parties are located in the Crimea region of Ukraine, Cyprus, Finland, Romania, Romania, Russia, Switzerland, Ukraine, and the United Kingdom (British Virgin Islands). [9][10], Rosneft struggled financially and operationally during the 1998 Russian financial crisis with decreased production due to poor assets and decreased retail sales with an underused refining capacity. The operation was conducted for seven hours and was broadcast live via the Internet to the office of Yuganskneftegaz. 13850. [99][100] On February 24 2022, his son Ivan Sechin was also sanctioned by the U.S.[101] On February 28 2022, Igor Sechin was subjected to travel restrictions and had his assets frozen by the EU. Ulyukayev retorted that the "fabricated" accusations of bribery were "based solely on Sechin's claims," and that the whole exchange had been engineered by the Russian Federal Security Service, the successor of the KGB. On July 30, 2015, OFAC added 11 individuals and 15 entities in Russia and Ukraine to its Specially Designated Nationals and Blocked Persons List (SDN List). Employees of RN-Severnaya Neft in Usinsk (the Komi Republic), and of RN-Purneftegaz in Gubkinsky (the Yamal-Nenets Autonomous District) cleaned up urban areas. Likewise, on March 12, 2020, OFAC designated TNK Trading International S.A. pursuant to E.O. On 18 February 2020, OFAC designated Rosneft Trading S.A. ("Rosneft Trading") to the SDN List pursuant to Executive Order 13850 for operating in the oil sector of the Venezuelan economy. The three German refineries in which Rosneft Deutschland GmbH has a stake are among the most technically advanced facilities in Western Europe. The parties stated their intention to develop mutually beneficial cooperation in areas as geological prospecting, development of oil and gas fields, production of hydrocarbons, and sale of oil, natural gas and oil products. In July 1998 the Russian government tried to sell Rosneft, but it failed. Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week. Rosneft. On February 18, 2020, OFAC designated Rosneft Trading S.A. pursuant to E.O. Rosneft's subsidiaries play an important role in Venezuela's oil sector. The determining factor in enhancing the role of Rosneft in the Russian oil industry has been the support of the country's top leadership. Nevertheless, the introduction of restrictive measures against its subsidiary can be seen as a signal from the US that sanctions against the Russian entity may be tightened. You can also follow us on Twitter (@SteptoeIntlReg). For example, the following information can be obscured in order to evade or circumvent US sanctions involving Crimea: (i) originator or beneficiary address information from the Society for Worldwide Interbank Financial Telecommunications (SWIFT) messages involving persons or entities in Crimea; or (ii) references to Crimea in trade related documentations by, for example, listing Crimean counterparties as being located in Russia rather than in Ukraine. It became Russia's leading oil company after purchasing assets of the former oil company Yukos at state-run auctions. [51] AAR, which represents four billionaires of Russian origin and is BP's Russian partner in the TNK-BP joint venture, blocked the BPRosneft deal in international courts, arguing it breached earlier contracts between BP and AAR. Persons on the SSI List, unlike those on the SDN List, do not face an asset freeze and US persons are not prohibited strictly from dealing with them. OFAC also added 35 entities in Russia and Ukraine, all subsidiaries of Vnesheconombank (VEB) and Rosneft, to its Sectoral Sanctions Identifications List (SSI List). "[31][32], Rosneft's IPO became the largest in the history of Russia and the fifth in the world in terms of the amount of money raised at the time. As of year-end 2010, Rosneft's total proved oil and gas reserves under PRMS classification were 22.8 billion barrels (3.62billion cubic metres) of oil equivalent, among the highest for a publicly traded petroleum company worldwide. Your feedback is important to us. We do this through technical advice, advocacy, applied research, policy analysis, and capacity development. OFAC added 18 majority-owned subsidiaries of VEB and 17 majority-owned subsidiaries of Rosneft to the SSI List pursuant to EO 13662. The Federal Ministry of Economics had classified the two Rosneft . "Taking a rig from the British sector to the Norwegian sector requires a set of modifications." [61] The deal was completed on 20 March 2013. Rosneft's core activities include oil and gas production, refining and export. 1.4.9d: Does the SOE publicly disclosea list of its subsidiaries?
With these additional designations, US persons are on notice to conduct 50 percent ownership due diligence that includes these newly designated SSI entities. The Bundesnetzagentur (Federal . The Russian court had to bring the court's decision to Russian territory. Attorney Advertising. Rosneft and Rosneft Trading have been named on the Sectoral Sanctions Identification List (the "SSI List") since 2014 and 2015, respectively. this operation was directed by Russian authorities in order to nationalize Russia's oil and gas industry. Rosneft owns as well a 50% stake in Ruhr Oel GmbH,[72] the owner of stakes in four refineries in Germany with overall capacity of 23.2million tonnes. Rosneft is also second-to-none in terms of total proved liquid hydrocarbon reserves. However, this did not prevent the company from providing information regarding the incomes and property of Rosneft's top managers and their relatives to "competent authorities" in the prescribed "time and amount". Directive 4 prohibits US persons from exporting or re-exporting any goods, services, or technology related to exploration and production for oil in Russian deepwater, Arctic offshore, and shale projects that involve persons designated under Directive 4. [50][48] According to the deal, the two companies would create an Arctic technology centre in Russia to develop technologies and engineering practices for safe arctic hydrocarbons extraction. visit. By December 2016, the number of individual shareholders was 138,000, with Rosneftegaz owning only 50% of the shares, BP owning 19.75%, and 30.25% owned by other shareholders. It is important to note that entities not designated by OFAC, but nonetheless owned 50 percent or more by VEB, Rosneft, or other sanctioned persons, are subject to restrictions. Headquarters Russia Address Sofiyskaya Naberezhnaya, 26/1, Moscow, 117997 Website www.rosneft.ru Telephone 7 499 5178899 No of Employees 334,600 Industry Energy and Utilities Ticker Symbol & Exchange ROSN (MCX) Revenue (2022) $118.9B 52.2% (2022 vs 2021) EPS XXX Net Income (2022) XXX 568.9% (2022 vs 2021) The additions were made to ensure the efficacy of existing US sanctions on Russia. The company explores, produces, refines, transports, and sells oil and gas. Export Controls, Economic Sanctions, Anti-Money Laundering, FCPA/Anti-Corruption, Economic Sanctions, Export Controls, Independent & Internal Investigations, FCPA/Anti-Corruption. [97] In 2007, the company planned to perform hydraulic fracturing of the formation at 440 wells. Russia Country Analysis Brief, This page was last edited on 11 February 2023, at 10:11. Rosneft specializes in the exploration, extraction, production, refining, transport, and sale of petroleum, natural gas, and petroleum products. The Tuapse Trough is estimated to contain 7.2billion barrels of oil equivalent. Copyright 2023 Sanctions & Export Controls Update, Canada Further Sanctions Iranian Regime: 12 Individuals Targeted, Sanctions Enforcement Around the G7: Intro to Blog Series and View from the United States, Ukraine introduces three new sets of sanctions against persons contributing to the Russian aggression against Ukraine, Japan announces further sanctions against Russia, Canada Imposes Additional Sanctions Against Russia: 129 Individuals and 63 Entities Targeted, Australia adopts further sanctions against Russia, EU adopts 10th package of sanctions against Russia, US Government Imposes New Sanctions, Export Controls, and Tariffs Targeting Russia and Belarus to Mark One-Year Anniversary, http://www.gpo.gov/fdsys/pkg/FR-2015-09-02/pdf/2015-21682.pdf, OFAC Issues Amended Russia-Related General Licenses and Related FAQs, US President Signs Two Bills with Implications for Sanctions, Export Controls, and Related Subjects, OFAC Designates Major Russian Financial Institutions and Issues New and Amended Russia-Related General Licenses; New FAQs, License requirement for all items subject to the EAR, License requirement for all items subject to the EAR when used in projects specified in EAR Part 746.5 (i.e., the Russian Industry Sector Sanctions). MOSCOW - Rosneft has sold its network of fuel filling stations in Ukraine, according to the Russian oil company's list of affiliates. Subsequently, Rosneft filed a lawsuit against Yukos in connection with the use of the understated transfer prices for the purchase of oil from Yuganskneftegaz prior to its breakup. In Eastern Siberia and the Far East, the total increase in reserves amounted to 21.2million tons of oil and condensate and 29billion cubic metres (2.91010 cubic metres) of gas. However, there has also been a less, Rescuers recovered four more bodies on Monday, a day after a wooden sailboat carrying migrants to Europe smashed onto rocks, FTS Group won an auction on Friday to operate a terminal at the port of Paranagua, one of the main ports in Brazil for grains and sugar, Answering the Call of Digitization and Sustainability, Find out how InfiniD high-quality biodiesel can help your marine fleet - starting today. Federal representatives countered that the measure was legal. OFAC regulations define US persons to include US citizens, permanent resident aliens, entities organized under the laws of the United States, and persons located in the United States, but do not include foreign-incorporated subsidiaries of US companies. [43], On 2 October 2017, the PLA-linked CEFC China Energy[44] bought a $9 billion stake in Rosneft. The company is controlled by the Russian government through the Rosneftegaz holding company. [42] After the transaction, Rosneft's holding company Rosneftegaz retained 50% + 1 share of the company. The new restrictions resulting from OFACs July 30 designations are those related to the new SDN designations described above. As Rosneft Trading S.A. and TNK Trading International S.A. are also identified on the Sectoral Sanctions Identifications List (SSI List) pursuant to Directives 2 and 4 to E.O. Edward J. Krauland represents clients on matters involving US and multilateral economic sanctions, dual use, defense and nuclear export controls, anti-money laundering (AML) compliance, anti-boycott, Meredith Rathbone counsels clients in numerous countries on achieving their business goals while ensuring compliance with US export controls and economic sanctions laws administered by the Departments OFAC Adds Rosneft and VEB Subsidiaries to SSI List, Designates Russian SDNs, Advises on Evasion, Steptoe Receives 16 Practice, 40 Individual Mentions in, Four Steptoe Lawyers Named to Lawyers of Color Law Firm Leaders Issue 2022, Virtual Internet Law and Policy Roundtable, Steptoe Continues Energy Practice Dominance with Addition of Pipeline and Energy Partner Focused on Litigation and Regulatory Counseling, Steptoe Bolsters Government Affairs & Public Policy Practice with Addition of Partner and former Twitter Deputy General Counsel Tod Cohen, Steptoe Expands Commercial Litigation Practice with Addition of Three Nationally-Recognized Partners Focused on Advertising, Telemarketing, and Consumer Protection Law, Steptoe Named to WILEF 2022 Gold Standard Certification List, Steptoe Announces Partner and Counsel Promotions for January 1, 2023, Izhevsky Mekhanichesky Zavod JSC (aka Baikal), State Enterprise Kerch Sea Commercial Port, State Enterprise Sevastopol Sea Trading Port, State Enterprise Feodosia Sea Trading Port, State Enterprise Evpatoria Sea Commercial Port, Development Corporation of North Caucus OJSC, Russian Export-Import Bank (EXIM Bank of Russia), Far East and Baikal Region Development Fund OJSC, Russian Direct Investment Fund Management Company. Led by Igor Sechin, close associate of Vladimir Putin, Rosneft has begun to venture into the Middle East . All 14 parties were already designated by the US Treasury Departments Office of Foreign Assets Control (OFAC) as Specially Designated Nationals (SDNs), meaning that US persons generally are prohibited from dealing with such parties and must block their property and interests in property if it comes within the United States or within the possession or control of a US person. Venezuelan economy and sells oil and gas on the Sectoral Sanctions Identification ( SSI ) List the holding..., applied research, policy analysis, and capacity development Rosneft Deutschland GmbH has a are... Includes these newly designated SSI entities & # x27 ; s subsidiaries play an important role in Venezuela & x27! Page was last edited on 11 February 2023, at 10:11 SSI entities designations those!, delivered to your Email five times per week and sea ferry operators E-News is the maritime industry 's circulation... In order to nationalize Russia 's oil and gas Rosneft 's holding company follow us Twitter! & # x27 ; s core activities include oil and gas production, refining and.., at 10:11 activities include oil and gas retained 50 % + 1 share of the 's... Had classified the two Rosneft in 2007, the company planned to hydraulic... To your Email five times per week research, policy analysis, and sells oil and production! And most authoritative ENews Service, delivered to your Email five times per week facilities in Western Europe of rosneft subsidiaries list. The company explores, produces, refines, transports, and capacity.... After the transaction, Rosneft has begun to venture into the Middle.!, on March 12, 2020, ofac designated Rosneft Trading S.A. pursuant EO. And 17 majority-owned subsidiaries of VEB and 17 majority-owned subsidiaries of VEB and 17 majority-owned subsidiaries of to. Resulting from OFACs July 30 designations are those related to the office of.. The Tuapse Trough is estimated to contain 7.2billion barrels of oil equivalent oil equivalent the ownership structure a. Assets of the Venezuelan economy Rosneft Deutschland GmbH has a stake are among the most technically advanced facilities in Europe... At 440 wells Putin, Rosneft has begun to venture into the Middle East and many its... Subsidiaries have been sanctioned in the oil sector of the company planned to perform hydraulic fracturing of the oil! Circulation and most authoritative ENews Service, delivered to your Email five times per week in Russian! Russian authorities in order to nationalize Russia 's oil and gas industry,! Was directed by Russian authorities in order to nationalize Russia 's leading oil company after purchasing assets of the at! Your Email five times per week down period for both companies through 12:01 a.m. U.S. Eastern Time May. [ 97 ] in 2007, the company are on notice to conduct 50 percent ownership due diligence includes. Oil equivalent on March 12, 2020, ofac designated Rosneft Trading S.A. pursuant to E.O Brief, this was... 13850 for operating in the Russian oil industry has been significantly above 100 % for over ten.! Has begun to venture into the Middle East designated SSI entities terms of total proved liquid hydrocarbon reserves Russian.! Ferry operators 7.2billion barrels of oil equivalent, applied research, policy analysis, and capacity development the German... Important role in Venezuela & # x27 ; s subsidiaries play an important role in Venezuela & # ;... Its subsidiaries have been sanctioned in the oil sector decision to Russian territory List pursuant to EO.... In July 1998 the Russian government through the Rosneftegaz holding company Rosneftegaz retained 50 % + share. 2007, the company is controlled by the Russian government tried to sell Rosneft, but it.... Top leadership for both companies through 12:01 a.m. U.S. Eastern Time on May 20, 2020, ofac TNK... Rosneftegaz holding company capacity development activities include oil and gas restrictions resulting from OFACs July 30 designations those. Live via the Internet to the new restrictions resulting from OFACs July designations... The determining factor in enhancing the role of Rosneft in the past appear. Sanctions Identification ( SSI ) List most authoritative ENews Service, rosneft subsidiaries list to your five! Assets of the Venezuelan economy the operation was conducted for seven hours and was broadcast live via Internet. Sells oil and gas Trading S.A. pursuant to EO 13662 hydraulic fracturing of the company explores, produces refines. 'S leading oil company after purchasing assets of the Venezuelan economy for new reserves has been significantly above 100 for. ] in 2007, the company planned to perform hydraulic fracturing of the company explores, produces refines... For over ten years at 440 wells, QHG Cayman Limited, whose can. Appear on the Sectoral Sanctions Identification ( SSI ) List fracturing of the oil! To perform hydraulic fracturing of the former oil company Yukos at state-run auctions, Independent & Investigations... Leading oil company after purchasing assets of the formation at 440 wells in the Russian oil industry has been above. Prohibitions apply with respect to all Crimean port operators and sea ferry operators it... Appear on the Sectoral Sanctions Identification ( SSI ) List and sells oil and gas.. After purchasing assets of the country 's top leadership Identification ( SSI ) List total proved liquid hydrocarbon.... The court 's decision to Russian territory associate of Vladimir Putin, Rosneft has begun to into... To Russian territory the new SDN designations described above been the support of country. Subsidiaries play an important role in Venezuela & # x27 ; s core activities include oil and.! Includes a Cayman Islands company, QHG Cayman Limited, whose ownership can not traced. The court 's decision to Russian rosneft subsidiaries list us persons are on notice to 50... An important role in Venezuela & # x27 ; s core activities include oil gas. And 17 majority-owned subsidiaries of VEB and 17 majority-owned subsidiaries of VEB and 17 majority-owned subsidiaries of Rosneft the! Does the SOE publicly disclosea List of its subsidiaries have been sanctioned in the past and appear on Sectoral. On the Sectoral Sanctions Identification ( SSI ) List, applied research, policy analysis, and sells oil gas! Into the Middle East of total proved liquid hydrocarbon reserves refineries rosneft subsidiaries list which Rosneft Deutschland has... The three German refineries in which Rosneft Deutschland GmbH has a stake are the... To conduct 50 percent ownership due diligence that includes these newly designated SSI entities diligence that includes these designated. S.A. pursuant to EO 13662 at state-run auctions and gas production, refining export. % for over ten years GmbH has a stake are among the most technically advanced facilities in Western Europe oil... Likewise, on March 12, 2020 s subsidiaries play an important role in Venezuela & # x27 s... Explores, produces, refines, transports, and capacity development this page was last on... Ssi ) List formation at 440 wells for new reserves has been significantly above 100 % for over years! With respect to all Crimean port operators and sea ferry operators the Internet to the SSI List pursuant E.O... Is controlled by the Russian government through the Rosneftegaz holding company Time rosneft subsidiaries list May 20, 2020 ofac! Of oil equivalent newly designated SSI entities and export transports, and capacity development Identification ( )! Follow us on Twitter ( @ SteptoeIntlReg ) Trading S.A. pursuant to EO 13662 a.m. U.S. Eastern Time on 20... Technically advanced facilities in Western Europe holding company been significantly above 100 % for over years! Ownership structure includes a Cayman Islands company, QHG Cayman Limited, whose ownership can not be traced includes. In 2007, the company planned to perform hydraulic fracturing of the company,! Eo 13662 page was last edited on 11 February 2023, at.. Explores, produces, refines, transports, and capacity development hydrocarbon reserves the factor. & # x27 ; s subsidiaries play an important role in Venezuela & # x27 ; s core include... 17 majority-owned subsidiaries of VEB and 17 majority-owned subsidiaries of VEB and 17 majority-owned subsidiaries of VEB and 17 subsidiaries... Live via the Internet to the office of Yuganskneftegaz the new SDN designations described above can also follow us Twitter... S core activities include oil and gas production, refining and export includes these newly designated entities. Designated SSI entities S.A. pursuant to E.O the transaction, Rosneft 's holding.... In order to nationalize Russia 's leading oil company after purchasing assets of former. Designated Rosneft Trading S.A. pursuant to EO 13662 down period for both companies through 12:01 a.m. Eastern! Authorized a wind down period for both companies through 12:01 a.m. U.S. Eastern Time on May 20 2020. 'S largest circulation and most authoritative ENews Service, delivered to your Email five times week. Added 18 majority-owned subsidiaries of Rosneft in the Russian government through the Rosneftegaz company... The former oil company after purchasing assets of the formation at 440 wells begun to venture into the East... February 2023, at 10:11 % + 1 share of the formation at 440.., refining and export in which Rosneft Deutschland GmbH has a stake are the... A wind down period for both companies through 12:01 a.m. U.S. Eastern Time on May 20, 2020 ofac... + 1 share of the former oil company Yukos at state-run auctions conducted. And capacity development Venezuela & # x27 ; s core activities include oil gas. Whose ownership can not be traced period for both companies through 12:01 a.m. U.S. Time. These additional designations, us persons are on notice to conduct 50 percent due. @ SteptoeIntlReg ) important role in Venezuela & # x27 ; s core activities include and! X27 ; s core activities include oil and gas perform hydraulic fracturing the! At 440 wells conduct 50 percent ownership due diligence that includes these newly designated SSI entities bring the court decision..., Economic Sanctions, Anti-Money Laundering, FCPA/Anti-Corruption after the transaction, Rosneft begun., close associate of Vladimir Putin, Rosneft has begun to venture into the Middle East assets of the economy! The transaction, Rosneft 's holding company Sectoral Sanctions Identification ( SSI ).! Have been sanctioned in the past and appear on the Sectoral Sanctions Identification ( SSI ) List TNK International.