Trading Giants Say They’ll Return to Russia If Sanctions End

Lock
This article is for subscribers only.

The heads of some of the world’s top energy traders said they would be open to returning to Russia for business if sanctions were fully lifted, although some expressed caution about the prospect happening any time soon.

“If sanctions are eased in a way that we can go back in, why wouldn’t we? It’s our job,” Gunvor Group CEO Torbjörn Törnqvist said in an interview. “We don’t do anything today because we think even though there are some gray zones, we just don’t do it. But if these are removed, why wouldn’t we?”