It became known that Oracle is beginning to apply new sanctions to Russia. According to the newspaper “Kommersant”, the company has tightened the terms of service Russian clients in the oil and gas industry, which was included in the sanctions list of the USA.
Representatives of Oracle had warned partners from the Russian Federation on the introduction of new restrictions against oil and gas sector. In particular, this refers to the prohibition on providing, exporting/expertisemedia of goods, services and technologies.
This prohibition extends to projects that start after January 28. Restrictions do not apply to financial services, for example insurance or accounting.
The Corporation also provided a list of companies sanctioned an Oracle, which mentions the names of 283 enterprises. Under the restrictions were “Rosneft”, “Gazprom”, “Surgutneftegaz” and “LUKOIL”.