The President of the Russian Federation signed a decree with a retaliatory measure against countries that supported the introduction of a ceiling on prices for Russian oil

It became known about the signing by the President of Russia of a document that becomes a response to the introduction by a number of countries of a ceiling on prices for Russian oil. Recall that measures to artificially limit the price of oil produced in Russia and sold by Russia were introduced by the countries of the so-called "Big Seven", a number of EU countries, Australia and some other states. The price ceiling for Russian grade oil is $60. At the moment, the price of Brent crude oil is about 85,5 US dollars.

President Putin signed a decree banning the supply of Russian oil to any country in the world that has joined the sanctions associated with the "price ceiling". Also, the decree of the head of state prescribes to prohibit the fulfillment of obligations under any contracts for the sale of oil with countries that have prescribed the effect of such a ceiling in their legislation.

At the same time, Vladimir Putin's decree also contains such a nuance as the possibility of delivering Russian oil to the countries mentioned above with special permission from the President of the Russian Federation personally.

At the moment, the price of Russian Urals oil is about $67. Any of the countries that supported the introduction of price restrictions for Russian oil will not be able to receive it if the president does not sanction the above-mentioned special permit.

Experts believe that now some countries that supported the introduction of a price ceiling for Russian oil will try to "probe" the option of such a special presidential permission. Indeed, in the same West they are well aware that if Russian oil at least partially leaves the world market, then the prices for “black gold” will go up, and they cannot be limited by any artificial ceilings.

Comments

[break_beats]

I thought so.

Thank you Vladimir Vladimirovich for a clear mind

[smart ass]

Let's see what it will lead to, it's not worth rejoicing too early

[Luka Nord]

Quote: Clever man

Let's see what it will lead to, it's not worth rejoicing too early

Well, we are not happy, but still "Freeze, freeze the wolf's tail .." Such a kind of tactic And the devil is not a "brother" to us.
Everything is just beginning

[Vitaly.17]

Quote from Luka Nord

Everything is just beginning

Too late these good beginnings are happening. Both in war and in politics, a defensive strategy is obviously losing.

[orionvitt]

Quote: Vitaly.17

What is in war, what is in politics, a defensive strategy is obviously losing

Are you suggesting an attack? So to speak, the whole world is in ruins, but Figli. So far, the Western "aggressors" are not doing very well, both economically and politically. And what about Ukraine, this is an episode in the World War.

[Akuzenka]

So far, the Western "aggressors" are not doing very well, both economically and politically.

Ordinary citizens feel bad there. The moneybags and the rulers there, everything is in order. Do you really think that they do not calculate the situation so much? Even how they calculate and calmly sacrifice those who "did not fit into the current situation." And then from the burghers who lost their jobs they will form parts of mercenaries or "volunteers." And they will point a finger at us and say - face! They are responsible for all your troubles. It's not the first time, and not even the hundredth.

[YOUR]

Quote: AKuzenka

Ordinary citizens feel bad there.

Yes, the state wanted to spit on the citizens. And not only there. First of all, think about the economy. 90% of oil and gas goes to industry, but if it becomes, it will be bad for everyone. Why are there such warm blankets in Germany, downy, and because they turned off the heating at night, they saved money, the same throughout Western Europe. We didn’t heat the stove in the morning, everything froze, Medeo. Especially a couple of weeks of cold and warm. Exactly what cold. Spetsom looked forecast Berlin, Paris, London below +2 night before the end of February will not be.

[Metallurg_2]

It's not the first time, and not even the hundredth.

So it’s not the first time for us to beat the European team in the face.

[Xnumx vis]

Quote: AKuzenka

then, from the burghers who have lost their jobs, they will form parts of mercenaries or "volunteers."

The burghers don't really want to fight! These are not the burghers of 1933! These are completely different people ... Yes, and the reptilians will find money for a decent life for burghers, and even more so for tin soldiers from Ukraine and Poland for the war with Russia ... They now have huge incomes, they can afford such a prank in the game of little men .. .

[Shark Lover]

Many do not offer anything, it's just that everything is wrong, everything is bad. To attack is bad, not to attack is bad. That's where Bad Boy came from

[Kotov_Oleg]

In fact, the European Union, Great Britain, the USA, Canada and Australia themselves refused to purchase crude oil from the Russian Federation on December 5th. From February 5, they also stop importing oil products from the Russian Federation. And they are successfully replacing our oil with an increase in production in Norway and imports from the Arab states. So, the Decree of the President of the Russian Federation, for the most part, does not care for them. The question is who will insure the transportation of oil and oil products at a purchase price above $60 per barrel and ensure its transportation at the same price per barrel. The question is open and if it is not resolved within a reasonable time, then our budget can expect a serious deficit and, as a result, a sequestration of its expenditure side. I believe that I will not be mistaken in my assumption that social spending and infrastructure projects will be sequestered first of all, which will affect each of us. So that everything is just beginning, you are not mistaken. And this beginning, sorry, does not cause optimism ....

[YOUR]

They made fun.

Quote from Luka Nord

but still "Freeze freeze the wolf tail

The Internet is at hand, look at the weather forecast in Paris, Berlin, Warsaw somewhere in January in Warsaw at night it will be -2, for the rest it will be terribly cold +2 +5. This is not Russia with its -15, but in some places at a constant -30.
So don't compare.

[Xnumx vis]

Quote: YOUR

sometime in january

And February is ahead, and March will give a light .. It is now + 7 in Crimea, but it is very cold, and frosts come at the end of February and until mid-March ... In Northern Europe, the situation is the same ... The Baltic, the North Sea are cooling down, humidity, slight frost, and at least shout with a cry ...

[Prisoner]

And why not rejoice? Pause, think and decide. And the decision is not hasty, so the piston was not inserted for children.

[Alexandr2637]

Let's see what it leads to

It won't do us any good. And I personally (and not only me) don't give a damn about the West.

[opuonmed]

the current law comes into force on February 1, they have a month) or they will rebuild communications in Venezuela or they will simply get big money in Europe and the United States so oil will cost space!

[YOUR]

Quote: opuonmed

The current law comes into force on February 1

This is what amazes me. They adopted a law of sanctions and everything from that day came into force.

Quote: opuonmed

Europe and the USA will simply get into the big money, so oil will cost space!

What space - 60 dollars.

[Monster_Fat]

Well, if you read the law, it indicates that only those contracts that contain "direct or indirect" mention of restrictions are prohibited. But if there is no mention, then .... for example, there is simply an "offer" to buy at a price of $ 59 ... Well, as usual, there are some "exceptions" and that "if you really need it, you can, but" through yourself "". That is, this law, well, such ...

[28st region]

Some 10 months of wild sanctions have passed, and finally something has been issued. The fact that oil, gas, ammonia goes through Ukraine, grain goes is normal. The fact that the same gas is stolen by them is reversed and no one notices. Yes, what a reverse. just take as much as you need. We sell metal from which shells are made and they shoot at our fighters, which is also so cool. There is no need to nightmare business, it is so vulnerable.

[Metallurg_2]

Well - for "special permission" you can bargain well.

[Frank Muller]

And, having bargained, on a special permit (for someone - a "golden bridge", by golly!) You can also make good money.

[tralflot1832]

I don’t know how the interpreter for oil should dodge before our President.

[DymOk_v_dYmke]

The interpreter will not have to dodge, but turn the pocket inside out.

[Woodman]

Quote: Metallurg_2

Well - for "special permission"

I’ll have to personally go to Putin and swear that Crimea is Russian)

[rocket757]

President Putin signed a decree banning the supply of Russian oil to any country in the world that has joined the sanctions associated with the "price ceiling". Also, the decree of the head of state prescribes to prohibit the fulfillment of obligations under any contracts for the sale of oil with countries that have prescribed the effect of such a ceiling in their legislation.

. Are there any exceptions or not?
By the way, to cover contracts, any, for those who joined the price cap, it is strong, "stylish" ... let's see who and how will fulfill the decree of the supreme ...

[tralflot1832]

By the way, a couple of days ago, Putin so flattened the shareholders from Germany and Austria, in our gas fields, that they were in full draft. They would run to the Stockholm court, they would just sniff gas from Gazprom.

[rocket757]

It is necessary to get rid of the illusion that some kind of international institutions, offices, courts, this is a blessing, a necessity, a guarantee of something there !!!
This is a burden and a threat, especially at this time, when xHeHemont has put a big bolt on everything and everything international and clearly keeps the line on lagging behind his interEs, by any means, spitting on everyone and everything!
Everything sho was, so-called. international, withered, died completely !!!
We have our own interests, we have resources that many people need, no matter how they roam there and they will come / crawl and try to buy it from us ...
It is necessary to bring everyone under YOUR LEGISLATION, under your rules, norms and everything else ... who will roam, send naf or somewhere else, and work with the rest clearly and pragmatically. The only way.

[hagen]

Quote: rocket757

It is necessary to get rid of the illusion that some kind of international institutions, offices, courts, this is a blessing, a necessity, a guarantee of something there !!!

That is why we adopted some amendments to the Constitution in order to legally ignore the anti-Russian biased decisions of the courts at the necessary moment .....

[rocket757]

It's so-so, they lined up in a system where they play according to the rules of only one, the main player ... they laid it out from breaking, Schaub was not very painful to fall.
You have to work a lot, a lot in that direction, when at least you play only by your own rules ...
All those fairy tales, about something else, like a rule, this is a DECEIT!!! There is only the right of the strong, independent, resolute, and the rest is all ... for the poor and suckers, and nothing more.
Our country is large, for the most part, in the most important, SELF-SUFFICIENT!!! All problems must be solved in working order, and it will be faster and more reliable.

[hagen]

Quote: rocket757

Our country is large, for the most part, in the most important, SELF-SUFFICIENT!!!

It has been proven by economists of all stripes (liberal and conservative) that with the current mode of production, any state can become autarky (completely self-sufficient in the production of all the necessary product, independent of external markets) with a population of at least 300 million people. That is why we are doomed to use and enter non-external markets. By the way, among other things, because the country is geographically large, and the population in it is not very large. 147 million is not at all "dense" for the purposes you have indicated. Actually, the mobilization is limited and somewhat belated because the government is well aware that these 300 people of the most active able-bodied population are withdrawn from the productive economy.

[Kuziming]

They must understand that the war will not benefit them.

[far diu]

At the moment, the price of Russian Urals oil is about $67.

[Volodin]

On normal contractual terms - not on immediate delivery terms of course

[tralflot1832]

The price of oil, Urals, was very dependent on freight and delivery. The seller paid. $ 9-11 per barrel is tolerable, but $ 20. The show in the Black Sea ended, with an overload, you won’t understand whose oil. We also have our share in Kazakh oil .Chevron closed its eyes to this.

[tralflot1832]

The price of Urals oil can only be found on one exchange, I’ll tell you in Moscow.

[fa2998]

Quote from breakin_beats

Thank you Vladimir Vladimirovich for a clear mind

Quote from breakin_beats

Thank you Vladimir Vladimirovich for a clear mind

Well, it’s clear to sell to one, not to sell to the other! But there are some rough edges! There are no tankers of our own, no international insurance companies. Yes, and oil development requires foreign technology. And all this in countries from the "black list". They can easily make sure that Russia will not send anything to them, but to the rest.
Only through pipes, for example, to China.

[Gvardeetz77]

There are no tankers of our own, no international insurance companies. Yes, and oil development requires foreign technology. And all this in countries from the "black list". They can easily make sure that Russia will not send anything to them, but to the rest.

That's why the "alternate entrance (exit?)" was left in the form of a "special permission".

[tralflot1832]

And take an interest in how many tankers only Sovcomflot has, for self-education. At least find how many steamships they have in order to judge something about sea transportation by tankers.

[Volodin]

Quote: fa2998

.They can easily make sure that Russia will not send anything not only to them, but also to the rest.

They are the first stakeholders to prevent this from happening. If they wanted to close the "oil shop" of Russia, they would have closed it long ago. But...
Moreover, there are 333 "relatively honest ways" to circumvent any sanctions on oil, up to the appearance of the "Limpopo state" on the oil market. And in the same Zhe-7 they will pretend that they are buying oil from Limpopo ... If anything, Iran will not let you lie

[The Little Humpbacked Horse]

Quote: fa2998

There are no tankers

Why not, only SCF has more than a hundred tankers, and now they are buying more old tankers to replenish the fleet

[Orkraider]

Quote: fa2998

Quote from breakin_beats

Thank you Vladimir Vladimirovich for a clear mind

Quote from breakin_beats

Thank you Vladimir Vladimirovich for a clear mind

Well, it’s clear to sell to one, not to sell to the other! But there are some rough edges! There are no tankers of our own, no international insurance companies. Yes, and oil development requires foreign technology. And all this in countries from the "black list". They can easily make sure that Russia will not send anything to them, but to the rest.
Only through pipes, for example, to China.

Everything is interesting with tankers, especially with an increase in their number:

According to Braemar, more than a hundred ships have been purchased for Russia this year, directly or through intermediaries. This year, Russia-linked operators have purchased up to 29 supertankers (known as VLCCs), each capable of carrying more than 2 million bbl. oil, according to Braemar. According to the broker, 31 Suezmax size tankers (each capable of carrying about 1 million barrels) and 49 Aframax tankers (about 700 barrels) were also bought, for a total of 109 ships.

And I also want to note that we have our own tanker fleet (tankers), here you got excited. It is ours and under our flag. Data from Maritime News of Russia No. 7 (2021).
It’s another matter that there is a shortage of it, it’s a fact, but for this, old tankers were bought up this summer.

[Carlos Hall]

Yes, there are offshore tankers. Russia had a small fleet but bought old but seaworthy tankers.

[nik-mazur]

Quote: fa2998

No own tankers, no international insurance companies

What do you mean no? While in the West they were wringing their hands, chewing snot, deciding to shoot another shot in the leg from a large-caliber shotgun, ours bought more than a hundred tankers in addition to those already available.
And for insurance there is a company Ingosstrakh and Rosgosstrakh. The latter is the successor of the Gosstrakh USSR company, created a hundred years ago in order to replace foreign insurers who did not want to work with the Soviet Republic ...

[Scharnhorst]

It looks like a joke about drums from Stradivari for specific boys. It is necessary to start with limiting production at the legislative level in the country. In the 21st year, 524 million tons were mined in the Russian Federation - to limit production by the 24th 500 million tons. The second measure could be to limit the export of crude oil with a reorientation to the export of oil products from its value-added processing. But still, we have a good President ...

[mag nit]

What are you? Do you want the St. Petersburg lads to go around the world?

[Alien From]

Very kind! Looks like Amati made violins for him ....))

[Keer]

Amati made violins for him....

Cellos, and Gluck wrote the music.

[Frank Muller]

Decrees and orders are written in order to fulfill them unquestioningly. Or in order to then creatively sabotage them.

[tralflot1832]

The decree was issued, why guess, the exchanges will show tomorrow. But surprisingly, the Chinese Dragon showed that he was waking up (almost in unison with Putin’s decree that Medvedev went to Xi in vain), removing restrictions on tourists. Which mean nothing to him But for oil speculators, this means a lot. Or under the bridge, or profit.

[fa2998]

Quote: Metallurg_2

Well - for "special permission" you can bargain well.

Well, they have trump cards! Hundreds of tankers, insurance companies in maritime transport, equipment that oil production needs.
And Russia is not a monopolist in oil exports. This means that whatever "friendly" countries do not buy oil from others on the market, some kind of discount is needed. Again, not a market price, but a negotiated one.

[VladimirNET]

The fact that the permission is issued by the president himself is cool!
Which (almost?) excludes corruption in this matter.

[bk0010]

Quote: VladimirNET

What (almost?) excludes corruption in this matter

Why all of a sudden? Even if not to Putin himself, they will find someone to bring it in so that he puts a piece of paper in a folder "for signature". It was necessary to make a decree without any exceptions.

[Keer]

The fact that the permission is issued by the president himself is cool!

for this, the solvers, of course, will be thrown into the price list.

[lubesky]

"The strictness of Russian laws is compensated by the optionality of their implementation..."

[aleks.29ru]

This should have been done a long time ago for the "supply of weapons to Kyiv."

[Fangaro]

At the moment, the price of Russian Urals oil is about $67. Any of the countries that supported the introduction of price restrictions for Russian oil will not be able to receive it if the president does not sanction the above-mentioned special permit.

And what is the final number of special permits indicated? Or is it determined as applications are considered?

[Not served]

Previously, I read about this Decree, and the supply of petroleum products was prohibited there. The West, and so now has a nihilist margin in the form of discounts from the Brand. Prior to this, the discount did not exceed $2 per barrel.
Reducing production is not so easy, although old deposits could be given a rest. Russian exports of oil plus refined oil are about 360-370 million tons. There is really no one to replace such a volume. Only the CA and the USA produce more, countries with production of about 200 million tons are in fourth place. and below.
So a reduction of 24 million will not do here. Here, our entire oil industry can simply go into a peak .... And this will pull both contractors and service.
It's just that now the game will begin on the nerves and who has the balls harder. Such a volume will leave the market, the market will fly into a steep price increase, and our oil industry will simply stand up, while the costs will not go away, they must be borne anyway. You can't close the valve so easily, the wells need to be mothballed, and these are expenses. People so quickly and simply will not be reduced.
And there have been no Western technologies in mining for a long time. In search, in drilling, and even remained, but not such a strong dependence.

[Kaufman]

I feel like a colleague. I agree with you. I think it will affect us soon. Primarily drilling and construction. Are there no Western technologies in mining? ... hmm .. well, almost none. Compared to drilling and processing, one can say so. It will really be difficult to replace 360 ​​million tons. However, there are resources for this, it will not happen quickly. Years will pass.

[RED_ICE]

Poland and Germany have applied for oil pumping. At what price?))

[Elephant]

And why from February 1. It was possible to coincide with the Decree for the New Year, from January 1

[Arkady Kharitonov]

the question remains if the country has joined the sanctions but receives oil not by sea, but under a pipe agreement. Then what to do to supply her with oil. Moreover, oil is cheaper through pipes.

[Carlos Hall]

https://elpais.com/internacional/2022-12-27/rusia-prohibe-la-exportacion-de-petroleo-a-los-paises-que-apliquen-un-tope-a-su-precio.html?outputType=amp Это ответ, которого мы ждали. Отличная работа. Президент Путин действовал жестко.

[Luka Nord]

We are moving away from the dolorization of the Russian economy.! Here it is, the vaunted Western economic system "capitalistic", the so-called and private property is above all .. ha ha ha .. Almost immediately, rob and set price ceilings and block and seize accounts of private traders from Russia, just .. Ay liberals, but what you promised us all in the 90s Remember?
This freedom is called This is the genocide of Russia and the Russian devil take you, what have you done to us and fled now with squeals around the world .. You will have revenge!

[agond]

It is interesting how the presidential decree will affect the price of oil supplied to Europe via the Druzhba pipelines through Ukraine and Belarus, by the way, both of them will raise tariffs for transit through their territory in 2023, but the cost of transit sits in the price of our oil.

[Kaufman]

I wonder how it will affect the domestic market! I think soon the eyes will be rounded at gas stations

[Yaroslav Tekkel]

We chose the wrong moment to set conditions. Now the world economy is generally in decline, China with its fanatical anti-virus struggle does not help it at all, Europe is also not growing due to its proximity to the war zone, besides, too much has been done for green energy over the past decade, and the balance of energy consumption has shifted away from crude oil.

[Egeny]

Quote: Vitaly.17

Too late these good beginnings are happening.

Why is it late, the price ceiling was set by the enemies last week.
As for the SVO, so we are waiting, s ... when the imported howitzers and tanks freeze)
Well, Khokly with Poles ... in addition)

[Hindu]

Quote from Luka Nord

Quote: Clever man

Let's see what it will lead to, it's not worth rejoicing too early

Well, we are not happy, but still "Freeze, freeze the wolf's tail .." Such a kind of tactic And the devil is not a "brother" to us.
Everything is just beginning

Already half of the winter has passed - not a single partner in Europe has frozen.
Or what, you haven't started yet??

[Warrior MorePhoto]

Quote: Kotov_Oleg

In fact, the European Union, Great Britain, the USA, Canada and Australia themselves refused to purchase crude oil from the Russian Federation on December 5th. From February 5, they also stop importing oil products from the Russian Federation. And they are successfully replacing our oil with an increase in production in Norway and imports from the Arab states. So, the Decree of the President of the Russian Federation, for the most part, does not care for them. The question is who will insure the transportation of oil and oil products at a purchase price above $60 per barrel and ensure its transportation at the same price per barrel. The question is open and if it is not resolved within a reasonable time, then our budget can expect a serious deficit and, as a result, a sequestration of its expenditure side. I believe that I will not be mistaken in my assumption that social spending and infrastructure projects will be sequestered first of all, which will affect each of us. So that everything is just beginning, you are not mistaken. And this beginning, sorry, does not cause optimism ....

Everything is correct. I will add that our oil is 10% of the world volume. They will be able to replace, but what will happen to us (due to the lack of income not only from oil and gas, but from metals, fertilizers, etc.), this is a big question, and unfortunately extremely unpleasant.

[dementor873]

The order comes into effect on February 1, 2023, and Germany and Poland have requested supplies now. So they will conclude contracts before February 1 and that's it. And then how? Not fulfilling the contract because of the decree, or they will pretend that the price ceiling is, as it were, established, but we will not apply it.

[Sotskiy]

...At the same time, Vladimir Putin's decree contains such a nuance as the possibility of delivering Russian oil to the countries mentioned above with special permission from the President of the Russian Federation personally ....

Come in, let's agree in a private conversation? Nothing changes in the love of "partners".
But seriously, we are waiting for the next increase in fuel prices. It is necessary to "beat off" the financial losses of the "market" economy on someone.

[Al manah]

The day before yesterday, the gas inspector, leaving after reading the meter, "congratulated" me on the upcoming increase in gas prices from January 1.

[Egeny]

Quote: Hindu

Or what, you haven't started yet??

What are you happy about, Indian?

[Not served]

There is still a very important question here, but at what rate Urals will calculate the MET. If the rate is accepted stupidly from the Brand minus some insignificant discount, then the MET rate will be higher than the sales price. This happened in February of this year. Of course, the giants do not care, they have pipes and obligations, but the small ones simply stopped production.
In principle, the price of $60 is a good price for both mining and processing. It's just that if prices are higher, then taxes are higher. The domestic price of oil is also growing, as a result, refiners are being put on the hook, not allowing them to raise prices for oil products, promising some kind of dampers, which either pay or do not pay. But pay excise taxes on fuel for anyone.
And the main law of economics says: The end consumer pays for everything!!!!

[Hindu]

Quote from Egeni

Quote: Hindu

Or what, you haven't started yet??

What are you happy about, Indian?

Not at all, just sneer at carbon monoxide patriotism.
And what not? VO, actually, a humorous site. I understood this when I somehow stumbled upon a discussion of the merits of the SU75, well, checkmat, if anyone forgot. So, this craft was presented at some exhibition in the form of papier-mâché decorations, with the addition of sticks. But, the local pique vests were SERIOUSLY discussing its pros/cons. In their virtual battle, one chess set screwed up an entire f35 air wing. they were not at all embarrassed that this craft had an empty hollow where the engine was located on the miserable and obviously unsuccessful f35.
So, everything is fine with local turbo patriots with humor. I'm just teasing them.