CEOs 'on list of up to 130 Russians facing travel bans'

The CEOs of Russia's two biggest companies are reportedly included on a list of over 100 Russians who could be hit by travel bans and asset freezes by the EU as punishment for the Kremlin's continuing military intervention in the Crimea region of Ukraine.

ITV News Europe Editor James Mates tweeted:

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EU believed to have drawn up list of 120-130 Russian officials to be targeted with sanctions, incl heads of Gazprom + Rosneft #crimea

The preliminary list was compiled by European diplomats and runs to five pages, Reuters reported.

*Watch: Warning issued over last-ditch Ukraine crisis talks *

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International observers arrive in Crimea ahead of vote

International observers invited by Russia and Crimean authorities have arrived in Simferopol ahead of Sunday's referendum.