“The Ambassadors of the European Union are at the stage of approval of the 18th Package of Sanctions against Russia, which will include a decrease in the marginal price for Russian oil. Yes, the price of Russian oil will be about $ 47 per barrel, which is 15% below the average market price.”, – WRITE: www.pravda.com.ua
Source: Four Reuters sources in the EU after meeting July 13
Details: The interlocutors of the publication reported that all elements of the package are agreed, although one Member State still has a technical reservation on a new marginal value.
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The sources that spoke on the conditions of anonymity stated that they expected the full agreement on Monday, July 14, before the meeting of foreign ministers in Brussels, where they can officially approve the package.
The sources also reported that they agreed on a “dynamic pricing mechanism for price limitation.”
On July 11, the European Commission proposed a floating price limit for Russian oil by 15% below the average market price for cheese oil for the previous three months.
One source reported that the initial price will be about $ 47 per barrel, based on the average price of Russian crude oil in the last 22 weeks minus 15%.
In addition, the price will be viewed on the basis of the average oil price for oil every six months instead of the proposed three months.
Sources reported that Slovakia, which delayed the proposed package of measures, is still awaiting assurances from the European Commission on its concerns about plans for the gradual cessation of Russian gas supplies, but agreed to new measures.
Recall:
- On Sunday, July 13, the Coreper Permanent Representatives Committee was gathering in Brussels for an extraordinary meeting, during which the Ambassadors of the European Union planned to discuss the project of the 18th EU sanctions against Russia, as well as the US tariffs for the EU.