Peskov on oil price ceiling: Russia won’t shoot itself in the foot

Press Secretary of the President of Russia Dmitry Peskov said that Russia’s position on energy trade with countries that will impose price restrictions on them has not changed. He added that there are nuances on this issue that need to be worked out. Earlier, Russian President Vladimir Putin said that Russia would not trade with countries that decide to introduce a price ceiling.

“Look, while we proceed from the statement of President Putin that we will not trade oil and oil products and gas with such countries. Therefore, for now, this is the position,” Dmitry Peskov said in an interview with the Moscow. Kremlin. Putin” on TV channel “Russia 1”.

“There are a lot of nuances that we need to calculate. Therefore, having the main, so to speak, line established by the president, one can still express confidence that in any case, no one will shoot themselves in the foot in our country, ”added Mr. Peskov. According to him, the Kremlin is watching the discussion of marginal prices for Russian oil.

As part of the eighth package of EU sanctions, it is planned to introduce restrictions on Russian oil from December 5, and on oil products from February 5. The US Treasury offered to set a limit of about $40-60 per barrel. By information Bloomberg, the EU is considering a ceiling of $60-70. Poland and the Baltic States require set a price ceiling of $30. EU countries have not yet agreed on a price range due to disagreements. Bloomberg informedthat the Kremlin is preparing a decree that will prohibit Russian companies and traders from selling Russian oil to countries and companies that have set a price ceiling.

More details – in the material “Kommersant FM” “The European Union has not reached the ceiling”.

Olesya Pavlenko