Russia will no longer deliver oil or gas to countries that cap the price of hydrocarbons sold by Moscow, President Vladimir Putin warned on Wednesday, as Westerners work on such a measure.
Limiting prices “would be an absolutely stupid decision”, Vladimir Putin told an economic forum in Vladivostok (Russian Far East).
“We will not supply anything outside the framework of the contracts” signed with the importing countries, Vladimir Putin once again affirmed in front of the Russian and Asian economic leaders. “But those who are trying to impose something on us today are not in a position to dictate their will to us,” he said.
“It is better to respect contractual obligations”
The Russian leader called on European countries to “come back to common sense” as voices in the West grow accusing Russia of using energy as a “weapon” in retaliation for sanctions over Russian military intervention in Ukraine.
Charges rejected this Wednesday by Vladimir Putin: “Another nonsense!” He launched.
According to the Russian president, Europeans, faced with rising prices, “have several solutions: either subsidize high prices (of energy), (…) or reduce consumption.”
“It is better to respect contractual obligations, civilized rules,” he argued. “It is impossible to harm ‘objective’ economic laws. Otherwise, it will come back like a boomerang,” she warned.
Source: BFM TV
