© Andrew Osborn / ReutersThe construction of a bridge across the Kerch Strait to Crimea is seen from the outskirts of the Taman settlement in Krasnodar region, southern Russia.
The U.S. Department of the Treasury added dozens of people and companies to the list, first introduced after Russia annexed the Crimean peninsula from Ukraine in 2014 and expanded over its support for separatist rebels in the east of the country.
As well as multiple subsidiaries of Russian gas giant Gazprom (GAZP.MM) and 11 Crimean officials, the Treasury named seven companies directly involved in the construction of the 19 km (11.8 miles) road-and-rail connection across the Kerch Strait, dubbed "Putin's bridge" by some Russians.
Chief among those were SGM-Most, a subsidiary of lead contractor Stroygazmontazh which is already under U.S. sanctions, and sub-contractor Mostotrest (MSTT.MM), one of Russia's biggest bridge builders.
"Treasury stands with our partners in condemning Russia's violation of international law, and we will continue to sanction those who threaten Ukraine's peace, security and sovereignty," said John Smith, acting director of the Treasury's Office of Foreign Assets Control, which levies sanctions.
Comment: The Treasury has it backwards. If they were sincere, that would mean sanctioning U.S. leaders and companies, who are actually the ones breaking international law and threatening Ukraine's peace, security and sovereignty.
The Russian Foreign Ministry was not immediately available for comment, but Moscow has previously said sanctions levied over its actions in Ukraine undermine efforts to resolve the conflict.
Comment: From RT:
"We have to analyze what was expanded, but usually, in such cases, a principle of reciprocity is used," presidential pres secretary, Dmitry Peskov, told journalists.
Peskov also stressed that sanctions rhetoric will lead the US nowhere. "We are not talking about sanctions," Peskov said. "We do not think such a rhetoric is constructive, promising and conducive to the solution of any problems."
Set to be the longest dual-purpose span in Europe when completed, the Kremlin sees its 212-billion rouble ($3.2 billion) bridge as vital to integrating Crimea into Russia, both symbolically and as an economic lifeline for the region. Putin has called the undertaking an historic mission.
But the project has had to contend with Western sanctions since the construction contract was handed to Stroygazmontazh last year, a firm controlled by Arkady Rotenberg, a close ally of Putin's and his former judo partner.
Rotenberg is already under U.S. sanctions because of his links to the Russian leader, which the Treasury says have helped him win billions of dollars in state contracts. He cannot raise capital in the West or hire Western sub-contractors to help his firm complete the project.
Officials linked to the bridge's construction say they have all the skills, equipment and supplies required to build it without Western help.
"The sanctions will not affect the construction of the bridge," Crimea Bridge infocentre, the organization responsible for communications about the project, said in a statement on Thursday. "The contractor has all the resources necessary for the timely completion of the project."
Rotenberg and his brother Boris have denied getting help from the Russian leader for their businesses.
Gazprom did not reply to a request for comment.
Comment: From RT:
"All listed companies belonging to the Gazprombank group were already de facto under US sanctions because Gazprombank owns stakes in their capital in excess of 50 percent," Gazprombank said. "Thus, the announcement of the Treasury United States does not change anything in the actual state of affairs neither for the Gazprom bank nor fort the mentioned enterprises."
Gazprom media said that sanctions will only facilitate the reach of its media channel's expansion abroad. Reminding that parts of the holding were already under US sanctions the company said, "there are no new conditions affecting the conduct of business... the only thing that has changed is that Gazprom-media is now being called by its name."
The media giant said that sanctions most likely "affect the brand recognition and increase the reach of our channel, broadcasting to foreign audiences."
The restrictions on the energy giant and its subsidiaries prevent U.S. firms or citizens from providing goods or services supporting the firm's deepwater, arctic offshore, or shale oil projects.
The restriction does not apply to financial services, such as clearing transactions or providing insurance for such projects.
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