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Keyword: chornomornaftohaz

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  • Developing: Crimea Nationalizes Energy Companies

    03/17/2014 9:59:25 AM PDT · by thackney · 33 replies
    Oil Pro ^ | 3/17/2014 | Jeff Reed
    Ukraine's Crimean parliament voted Monday to nationalize energy companies Ukrtransgaz and Chornomornaftohaz, according to a statement on the Parliament's website. A Crimean official said last week that the local authorities may sell the oil and gas company Chornomornaftohaz to a Russian firm "such as Gazprom" once the region assumes control of it. On Sunday, a Russia-backed referendum in Crimea demonstrated overwhelming support for joining the Russian federation. The US and its European allies are expected to announced sanctions against Russia on Monday after Crimea announced that just under 97% of voters in the region supported leaving Ukraine and becoming a...