Putin: Restricting gas prices is just another stupidity! EEF-2022 | Russia. Vladivostok

1 year ago
20

Nonsense and bullshit, limiting the price of gas, which will lead to a further rise in prices on world markets, including in Europe!
Russian President Vladimir Putin spoke in Vladivostok at the Eastern Economic Forum 2022 (EEF-2022). Theses:
Limiting the price of gas is another stupidity. This is another non-market solution that has no prospects. All administrative restrictions in the field of world trade lead only to disproportions and to higher prices. After all, what is happening in European markets is the result of the work of European specialists and the European Commission. Russia has always insisted that prices be formed on the basis of long-term contracts and be tied to such a market category as prices for oil and oil products, to a basket. Prices for oil and oil products are formed by the market, and the price of gas in long-term contracts is tied to this price.

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