“The marginal price of cheese oil is now $ 47.6 instead of 60”, – WRITE: www.radiosvoboda.org
The Office notes that the decision is agreed with a similar decision of the European Union, which Norway is not included.
“Oil exports are still a third of the Russian government’s income. Reducing revenues and increased pressure on the Russian economy is complicated by the Russian authorities for illegal war in Ukraine. It is important that Norway, along with our allies, has taken measures that can contribute to it, ” – said in a comment to Norwegian Foreign Minister Espane Bart Eida.
Imports, buying and transferring Russian oil and petroleum products to Norway, EU and third countries are prohibited. It is also prohibited to provide technical assistance, brokerage services, funding or financial assistance related to trade, brokerage services or transportation to third countries of crude oil or petroleum products from Russia. These services are allowed for oil or petroleum products purchased at a marginal price – this price for cheese oil is now $ 47.6 instead of $ 60.
In July, the European Union Approved 18 Package Sanctions against Russia. The details of the oil price limit were not immediately disclosed, but Reuters quotes diplomats that stated that the package of sanctions would reduce the upper limit of the price of Russian oil set by G7 to $ 47.6 per barrel.
