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Free AccessKremlin-Gazprom Could Revise Contract Terms If G7 O&G Price Cap Comes In
Kremlin spox Dmitri Peskov gives response to media reports G7 has proposed to cap Russian energy prices.
- States that Russia is not yet aware of the full G7 proposal to cap price for Russian O&G.
- Says that Gazprom may ask for contractual terms to be revised if the proposal comes into force.
- Regarding impact on state finances states that 'delivering on all social obligations is Russia's main priority'.
- Peskov also confirms that President Vladimir Putin will meet with his Iranian counterpart Ebrahim Raisi in Ashgabat, Turkmenistan as part of the Caspian Summit.
- Putin-Raisi meeting comes as Iran launches official application to join the BRICS group of nations alongside Russia, China, Brazil, India, and South Africa.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.