Deputy Chairman of the National Security Council of Russia Dmitry Medvedev commented on the statement by Japanese Prime Minister Fumio Kishida that the price ceiling for Russian oil could be set at half the current price.
The deputy head of the National Security and Defense Council of Russia stressed that Japan would not receive energy from Russia, and could also forget about participating in the Sakhalin-2 gas project.
Medvedev wrote today, Tuesday, on his channel in the Telegram application, addressing his speech to the Prime Minister of Japan: “When translated from Japanese into Russian, this means: there will be much less oil on the market, and its price will be very high, it will higher than the expected astronomical price of $300-400 (per barrel). Compared to gas prices, Japan will have neither oil nor gas from Russia, nor participation in the (Sakhalin-2) LNG project.”
Earlier, Kishida said that the price ceiling for Russian oil could be set at half the current price, and a mechanism would be created to prevent the purchase of oil from Russia at a price higher than the specified one.
And last week, Russian Deputy Prime Minister Alexander Novak said the West’s idea to cap the price of Russian oil was just another political decision that would lead to a market crash and higher prices.
The leaders of the G7 countries agreed at the G7 summit to put an end to the price of imported Russian oil in the future in order to reduce Russia’s income.
Source: RIA Novosti