“The authorities are considering three options for a response mechanism to the introduction by the G7 countries and the EU of a price ceiling on Russian oil imports, a draft presidential decree is being discussed by his administration with the government,” the material says.
Thus, the first option is to completely ban the sale of oil to countries that have supported the restriction, including if they purchase raw materials from the Russian side not directly, but through intermediary states or their chain.
It is noted that the second option involves a ban on exports under contracts that include a price ceiling condition, regardless of which state is the recipient.
The third is the introduction of an indicative price, that is, the determination of the maximum discount for Urals oil from Russia to the reference grade Brent.
Thus, if the discount increases, the sale will be prohibited.
On December 4, the EU published in the official journal the decision to impose a price ceiling on Russian oil.
The price per barrel of oil is set at $60.
Deputy Prime Minister Alexander Novak said that Russia is developing mechanisms to ban the introduction of a ceiling on oil prices.
Press Secretary of the President of Russia Dmitry Peskov said that Moscow would not accept the ceiling on oil prices introduced by the EU.