attempt to set boundaries Gas prices in Russia Gazprom CEO Alexei Miller said on Russian public television that it would mean cutting off supplies to Europe.
“We guide ourselves in the signed contracts. A unilateral decision like this is against the current terms of the contract. This means stopping supplies,” he said.
Miller, this step The reaction to the ceiling price on Russian hydrocarbons is provided by a presidential decree signed last March. By Russian President Vladimir Putin.
The Russian president himself warned several times: Any attempt to limit the prices of Russian crude oil and gas means that Russia will not export these products, He urged the EU not to violate the supply and demand laws that govern international trade.
Between recent sanctions imposed Russia Commitment by the European Union to put a global cap on the price of Russian oil and its derivatives so that European shipping companies can only transport from Russia to third countries if they are sold in an amount equal to or less than the determined amount.
The upper limit of the oil price will not be a fixed amount, but a variable that places the price of Russian crude below the global market price, thereby reducing Russia’s revenue from the sale of fossil fuels and using it to finance the war against Ukraine.
This punishment mechanism It was one of the topics Yellen addressed. He met with Eurogroup ministers, where he also discussed the need to step up economic aid to Ukraine.