NewsEuropeThe Russian Energy Minister sees "impossible" to sell gas or oil to countries that limit prices

The Russian Energy Minister sees “impossible” to sell gas or oil to countries that limit prices

File – Gazprom logo next to a disconnected pipe – ANDRE M. CHANG / ZUMA PRESS / CONTACTOPHOTO

The Russian Minister of Energy, Nikolai Shulginov, has branded as “impossible” that gas or oil can be sold to countries that approve putting a cap on the prices of this supply, after advances in this regard by the EU and the G7.

“Certainly, we will not sell at a loss or below cost,” Shulginov said in a television interview. “We will not allow that kind of behavior towards us,” he warned, according to the TASS news agency.

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The minister follows the line that Putin had already marked, who on Wednesday warned that Russia would be exempt from fulfilling the contracts if there were “political decisions” that could contradict the obligations of the other party.

“We will not send anything if it contradicts our interests,” Putin said during an economic forum in the city of Vladivostok, in the midst of a debate on the imposition of price ceilings for the supply of fossil fuels.

On Friday, the energy ministers of the European Union urged Brussels to limit the price of gas in the community market as part of the four legislative proposals that the European Commission will present next week to stop the rise in prices.

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Source: Europa Press

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