“…And the list goes on. Thus, the sanctions affected the most vulnerable point of the oil and gas https://doi.org/10.15405/epsbs.2021.07.102 Corresponding Author: Timergaziz G. Sadykov Selection and peer-review under responsibility of the Organizing Committee of the conference eISSN: 2357-1330 864 industry-its technical equipment (provision of technologies and equipment supply), services and investments (Dao & Edenhofer, 2018;Goryunova, Kuleshova, & Khakimova, 2017;Lavrov & Aleksanyan, 2017;Sadykov, 2019;Tyncherov et al, 2017). This is not the first time our country has faced sanctions.…”