IEF expert Belogoriev called the inclusion of Sakhalin-1 in the oil price ceiling the choice of Tokyo

Nevertheless, the Sakhalin-1 project itself will be no more affected by the absence of an exception from the price ceiling than Russia’s oil exports as a whole, Belogoriev added. On the contrary, it is likely to be weaker, since the De-Kastri port has an advantageous geographical position, due to which its exports are unlikely to be seriously affected, he concluded.


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