Joko Widodo says Indonesia is considering buying Russian oil
MOSCOW, September 12 – RIA Novosti. Indonesia is considering the possibility of buying Russian oil in the face of rising energy prices. declaration President Joko Widodo.
“We always watch all options. If there is a country, and of course it offers the best price,” he said, answering a related question in an interview with the Financial Times.
According to Widodo, the government “has to find various sources to meet its energy needs”. “We want to find a solution,” said the head of state.
As the newspaper notes, Indonesia has not imported significant amounts of oil from Russia for many years. The material also says that purchasing fuel at a price above the limit set by the G7 nations could make the country vulnerable to US sanctions.
On September 2, G7 finance ministers confirmed a plan to impose a price cap on Russian oil and urged “all countries” to join the initiative. Earlier, European Economic Commissioner Paolo Gentiloni said that the goal of the European Commission is to implement the price cap by 5 December 2022 for crude oil and by 5 February 2023 for oil products from Russia.
Deputy Prime Minister Alexander Novak said that the idea of limiting oil prices in Russia is completely absurd and that Russia will not supply oil and oil products to countries that support it. He added that imposing restrictions on Russian oil prices would destroy the market, and other producers did not respond positively to such an initiative.
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