BRUSSELS, September 9 — PRIME. The Minister of Economy and Infrastructure of Estonia, Riina Sikkut, said that the possible establishment of a price ceiling for energy resources from Russia by the European Union would not greatly affect their supplies.
“I think it’s very unlikely that Russia depends on our decision. If Russia wants to limit the energy sources that Europe receives, then … it will do it. It doesn’t really matter whether we set a price ceiling for Russian oil or gas or not. Estonia supports sanctions against energy sources from Russia,” Sikkut said ahead of a meeting of EU energy ministers.
The head of the European Commission, Ursula von der Leyen, has previously stated the need to introduce a price ceiling for Russian gas. At the end of August, she also announced that the EC is working on prompt and longer-term measures to improve the situation against the backdrop of rising electricity prices in the EU, which mainly depend on the cost of blue fuel.
Deputy Prime Minister of the Russian Federation Alexander Novak said that the idea of limiting oil prices is completely absurd, Russia will not supply oil and oil products to those countries that support it. He added that the introduction of restrictions on Russian oil prices would destroy the market, and other producers also did not respond positively to such an initiative.