Gazprom Neft and Shell are partners in western Siberia's Salym Petroleum project, which produces 120,000 barrels of oil per day. Shell suspended some shale oil and gas projects following the introduction of Western sanctions on Moscow. Gazprom Neft is subject to the US government's sectoral sanctions, which limit its ability to raise funds abroad. It is not on the US Treasury Department's Specially Designated Nationals list, which bars US entities from doing business with any firm on the list. Under a separate set of sanctions, US companies are barred from helping Gazprom Neft, along with other Russian oil companies, in developing Arctic offshore, shale oil and deepwater projects. Gazprom Neft plans to launch the Tazovskiy project in 2021, producing around 2 million tonnes of oil that year, according to the company's website. Copyright Reuters, 2018