Bloomberg: Russia has offered a discount on oil up to 30% on long-term contracts for Asian countries
Russia turned to African countries, reported Bloomberg referring to an unnamed official. According to the source of the agency, the goal of the Russian Federation is to prevent a possible decrease in prices for its oil. This initiative was discussed at the G7 summit.
The official, in an interview with Bloomberg, also spoke about the possible search for new buyers for Russian oil instead of European customers.
Asian countries, the types that Russia could offer discounts, are not disclosed. Earlier, however, the Indonesian Tourism Minister wrote on Instagram (owned by Meta, recognized as extremist and banned in the Russian Federation) about Russia, in which it sought to supply the cost of oil 30% lower than in the market.
At the end of June, Western agencies wrote that the G7 countries could impose a price cap on Russian oil and gas in order to limit Russia’s savings in the face of rising oil prices on the world market. Members of the “Big Seven” gathered the interests of the countries in the project through various Asian associations – to join the initiative or to discuss prices for Russian oil. Press Secretary Dmitry Peskov said that the introduction of marginal prices is “a subject of negotiations”, it is necessary to establish it from the legal side.
Russian energy supplies were banned by Washington, Ottawa and London. the application will phase out oil within six months, according to the EU’s sixth consumption package.
Read more about the situation in the material “Kommersant FM” “Oil is feeling for the ceiling.”