Shulginov: The new monitoring of oil prices will help to understand the true cost of its implementation
MOSCOW, March 1 – RIA Novosti. The head of the Russian Ministry of Energy, Nikolai Shulginov, said that the new procedure for monitoring oil prices will allow monitoring the real cost of sales of Russian oil.
By its order, the Ministry of Energy of the Russian Federation approved the rules for monitoring Russian export oil prices. Held monthly, St. Petersburg International Commodity and Raw Materials Exchange will take into account the data of the Argus agency and the Federal Customs Service.
“The new procedure for monitoring oil prices will make it possible to monitor the real cost of sales of Russian oil, so as not to sell our resources at discounted prices due to the “ceiling” imposed by unfriendly states,” Shulginov said. In the message of the Ministry of Energy of the Russian Federation.
In addition, the updated procedure for monitoring export prices will be an appropriate mechanism for the taxation of the oil industry.
The Energy Ministry said that Russia does not intend to sell oil at any cost.
Source: Ria
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