Sechin called the price ceiling the abolition of sovereign rights to resources
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The head of Rosneft, Igor Sechin, speaking at the Verona Economic Forum in Baku, criticized the idea to introduce a ceiling on energy prices. In his opinion, such ideas not only contradict the foundations of a market economy, but also cancel the principle of sovereignty.
“The idea, in essence, is to abolish the sovereign rights of countries to their own resources, because the “right” countries that lack resources need them more than the “wrong” ones. The US itself, of course, is not affected by any restrictions. Although in Europe a number of experts and politicians are already openly accusing the United States of profiting from the energy crisis they themselves provoked, that is, from the problems of their allies,” Mr. Sechin said.
Commenting on the idea to limit prices for hydrocarbons, the head of Rosneft said that the speed of implementation of the “absurd” US proposals for Europe is “amazing”.
Mr. Sechin said that now gas prices in the US are several times lower than in Europe. According to him, “the trends that we (Russia. -” Kommersant “) designated earlier, and those that may appear suddenly, each act independently, are not absorbed by each other, completely destroying the foundations of law, private property and the market like a cumulative projectile.”
Yesterday, October 26, Bloomberg informedthat the United States is planning to impose a “more freely manageable” ceiling on the price of Russian oil, causing prices to be higher than expected. According to the publication, the G7 countries and Australia agreed to price restrictions, South Korea is going to join the proposal.
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