Novak: payments for transfer of oil in ports will check for the currency

Novak: payments for transfer of oil in ports will check for the currency


The Russian President at the session of the Commission on the fuel and energy sector drew attention to dollar tariffs for transshipment of oil products in Russian ports, stating the need to stop the use of foreign currency in the calculation of the country.

MOSCOW, 27 Jan. The situation with the use of currency in the calculations for the transshipment of oil and petroleum products will be reviewed after criticism from the Russian President, told reporters energy Minister Alexander Novak.

“I think the appropriate analysis would be conducted in accordance with the instruction. The service will verify the relevant situation, draw conclusions and bring into compliance those businesses that violate the law,” said Novak.

At the last Tuesday meeting of the presidential Commission on the fuel and energy sector, President Vladimir Putin drew attention to the nomination in dollars the tariffs for transshipment of oil and oil products in Russian ports and said about the need to stop the use of foreign currency in the calculation of the country.