so how much is this all worth to russia? according to the figures, in the first six months of 2023, the energy bought by the uk generated more than $122 million in revenue for russia, of which at least $50 million went directly to the kremlin in tax revenues. so, russia has essentiallyjust skirted around the sanctions. it is selling as much oil as it was before the war, and that is as a result of this circumvention, big british firms like bp and shell are buying this jet fuel. bp said. shell told us.
done, is that about putting - this. let s talk about how that is - done, is that about putting pressure on the companies themselves who are importing the soil or is it legislation? does the government need to act here? need to act here? well, i think we need to act here? well, i think we need both- need to act here? well, i think we need both- i need to act here? well, i think we need both. i do need to act here? well, i think we need both. i do think need to act here? well, i think we need both. i do think we need - need to act here? well, i think we need both. i do think we need to i need both. i do think we need to expose those companies and the companies you mentioned as well are some major american companies like exxonmobil among those importing this gasoline from abroad. we need legislation, though. when i had sponsored the original sanctions legislation just after the invasion in 2022, i don t think we contemplated the possibility of circumvention. this is really very sim
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circumvention of sanctions. do you wonder whether the west really has the will for this conflict, this fight, with everything it entails in terms of difficulties for themselves? when, for example, you step out of your plane into london and you appreciate. you look around and you appreciate that there are tens of billions of dollars worth of russian assets in london which just sit in banks untouched, which the british government doesn t have access to. it talks about compensating ukraine for all of the losses you ve experienced, but that russian money isn t being touched. well, i guess it will be fair to say that neither london nor sanctioned regime can be built in a day. it takes time. it takes effort. what i heard today from prime minister sunak at the opening of the conference was assuring because he addressed the issue of using the russian assets as a means of compensating ukraine. and we fully agree with that.