Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Moscow, March 31 /Xinhua/ — Russia will review countries' oil purchase requests, but will not supply fuel to countries that maintain price ceilings. Deputy Foreign Minister Andrei Rudenko told Izvestia on Monday.
The diplomat noted that if official requests are received from foreign authorities, they will be carefully considered, including taking into account the nature of Moscow's relations with these countries, as well as Russia's economic interests.
Speaking about whether prospects for purchasing Russian oil are being discussed with Japan, the diplomat emphasized that energy markets are currently subject to high volatility, with shortages and rising energy costs. Meanwhile, the Japanese government, as A. Rudenko pointed out, is bound by price caps on Russian-origin oil. He called this measure anti-market and disruptive to supply chains.
The G7 countries, Australia, and the EU introduced a $60 per barrel cap on seaborne crude oil shipments effective December 5, 2022. A similar measure for petroleum products took effect on February 5, 2023. –0–
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