Russian gas price ceiling will cut off supplies, Miller says

MOSCOW, 16 Oct — PRIME. The introduction by Europe of a price ceiling for Russian gas will, if such a decision is made, be a violation of the contractual terms and will entail the termination of supplies, said the head of Gazprom, Alexei Miller, in an interview with journalist Pavel Zarubin in the Moscow. Kremlin. Putin program on the Rossiya TV channel one”.

“We are guided by the contracts that have been signed. Such a unilateral decision is, of course, a violation of the essential terms of the contract, which entails the termination of supplies,” Miller said, answering a question about Gazprom’s actions in the event that Europe limits prices for the supplied gas company.

On October 7, the European Union introduced the eighth package of anti-Russian sanctions. It provides a legislative basis for determining the price ceiling for seaborne shipments of Russian oil to third countries. It is planned that the measure will be introduced on December 5 for oil and on February 5, 2023 for oil products. The introduction of a ceiling on gas prices is still being discussed.

This week, Miller has already commented on the idea discussed in Europe to limit gas prices. He described it with the words of Eduard Khil’s famous song “Winter” – “the ceiling is icy, the door is creaky.” The head of “Gazprom” stressed that it is necessary to study and not forget Russian culture.