MOSCOW, December 4 – Novosti. The European Union has published in the official journal the decision to impose a ceiling on oil prices from Russia.
The appendix to the document contains a table, according to which the price per barrel is indicated at $60.
“It is prohibited, directly or indirectly, to provide technical assistance, intermediary services or financing or financial assistance related to the trade, intermediation or transportation, including by ship-to-ship transshipment, to third countries of crude oil or oil products that originate in Russia or have been exported from Russia,” the document says.
The G7 countries, the EU and Australia are introducing a $60 per barrel price cap on Russian maritime crude oil from December 5. Earlier it was reported that the EU countries will regularly review the ceiling, its change will require a unanimous decision of all members of the union. The price ceiling comes in parallel with the start on Monday of the EU embargo on the purchase of Russian crude oil transported by tankers.
Russian President Vladimir Putin , commenting on the West’s idea to limit prices for Russian energy resources, stated that Russia would not supply anything abroad if this would be contrary to its own interests. Deputy Prime Minister Alexander Novak , in turn, indicated that the Russian Federation would not supply oil to countries that would set a price ceiling, neither at $60 per barrel, nor at any other cost. He added that such restrictions are interference in market instruments, Russia is ready to work with those consumers who are ready to work on market conditions.
