Gas price cap idea is ‘cartel deal’ – energy minister ...News

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Gas price cap idea is ‘cartel deal’ – energy minister
Russia will not sell oil and gas to any country if it joins the proposed “price cap” scheme, Nikolay Shulginov says Russia will not supply natural gas and oil below market price to any country, Energy Minister Nikolay Shulginov has confirmed, rejecting the “price cap” idea floated by EU officials as an attempt to force a “cartel deal” on Moscow.  “We will definitely not sell at a loss or below cost. Well, that’s not possible. This is some kind of cartel deal against us. We will certainly not allow such an attitude towards us,” the minister told broadcaster Rossiya-1 on Sunday. The scheme is set to push already soa

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