Russia’s energy ministry is proposing to defer the planned completion of refinery upgrades because of sanctions announced after Russia’s invasion of Ukraine . Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The US said March 2 it was imposing export controls on technology that Russia could use to modernize its refineries, as penalties ramped up against Moscow for its invasion of Ukraine. EU energy sanctions also aimed at hampering upgrades to Russia’s refining sector were given preliminary approval by member states. Related Infographic: Sanctions on Russian energy and commodities explained The Japanese government decided March 8 it will impose an export ban of refining units to Russia, the latest in its series of sanctions following the invasion. The ministry is proposing to the government to extend the deadline by two years to 2028, according to Russia’s Kommersant. Russian refineries have completed the first […]