[シンガポール／ワシントン ９日 ロイター] – U.S. Assistant Secretary of the Treasury (Terrorist Financing and Financial Crimes) Rosenberg said on the 9th that the price cap for Russian oil agreed to be introduced by the G7 major countries (G7) would be a fair market price minus the risk premium for the invasion of Ukraine. He expressed the view that it should be set at the same level as before. He said on a conference call with Asian press.
It should be set at a level above the marginal cost of Russian oil production and should also take into account the historical price levels accepted by the Russian market.
Experts say this might lead to a cap of around $60 a barrel. In 2019, the price of Ural, a representative grade of Russian crude oil, ranged from $50 to $70.
Russia estimates the marginal cost of oil production at $44 a barrel in government documents, but some Western officials see it slightly lower.
Rosenberg said the G7 countries will work in the coming weeks to finalize details, including the ceiling level.
A European official said the G7 countries had not yet started formal discussions on the cap, but they had an “idea” as to what levels might be possible.
“The aim is to encourage Russian oil producers to continue exporting by guaranteeing a price that is above the cost of production plus some incentives,” the official said.