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China rejects West’s call for Russian oil price cap

Beijing opposes the decision made by the G7 nations to introduce a price cap on Russian oil, Chinese Foreign Ministry Spokesperson Mao Ning said on Monday.  “Oil is crucial for ensuring global energy security,” she told a briefing, adding: “we hope that the countries concerned… will make constructive efforts, and …

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North Korea furiously rejects Seoul’s ‘absurd’ offer

Kim Yo Jong, the sibling of North Korean leader Kim Jong-un and a senior official in the country’s ruling party, has dismissed a proposal of economic aid from Seoul in exchange for abandoning its nuclear arsenal, calling the idea an “absurd dream.” Kim gave a fiery denunciation of South Korean …

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UK PM rejects Scottish independence referendum, citing Ukraine

British Prime Minister Boris Johnson on Wednesday rejected a request by Scottish First Minister Nicola Sturgeon to hold a legally binding referendum on leaving the United Kingdom. With Johnson fighting for his political life in London, he told Sturgeon that rising costs, Covid-19, and Britain’s support for Ukraine are more …

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Kiev rejects Russia’s gas transit request

Russian energy giant Gazprom said on Thursday that it currently supplies gas for transit to Europe via the Sudzha entry point. The application for pumping through the Sokhranovka transit point has been rejected by Ukraine, according to Gazprom’s official spokesman Sergey Kupriyanov. The company said that the volume of the …

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EU rejects ban on shipping Russian crude — media

Brussels has opted to cancel plans to prohibit EU member-owned ships from moving Russian crude oil to third-party countries, documents seen by Bloomberg showed. However, a ban on insuring Russian tankers is reportedly still being reviewed. If passed, this could represent an effective barrier to exports of oil from the …

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EU nation rejects Russian oil ban proposal

Slovakia warned on Wednesday that it will not be able to agree to the European Commission’s proposal for a ban on Russian oil, and has called for more time to find alternative fuel suppliers. The proposed embargo is part of the latest Ukraine-related sanctions against Moscow that would see crude …

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Russia rejects gas payment – media

Gazprombank, Russia’s key bank that handles European gas payments, has reportedly declined several payment attempts for April and May gas deliveries to Germany and Austria even though they were made through a ruble account. The bank rejected the transaction because the attempted payments came from a former Russian trading firm …

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Italy rejects ruble payment for Russian gas

Russia’s demand for ruble payments for natural gas cannot be fulfilled, according to Italian Foreign Minister Luigi Di Maio, who says doing so would breach EU sanctions. “We cannot pay in rubles; Russia introduced a double billing scheme from euro to rubles, this is impossible as it would mean bypassing …

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EU rejects Moscow’s ruble-for-gas demand

EU member states won’t pay for Russian gas in rubles, the European Commission said on Tuesday, rejecting Moscow’s March 31 deadline for switching payment mechanisms. The announcement comes a day after a similar response from the G7 nations. Last week, Russian President Vladimir Putin demanded that hostile countries, which have imposed …

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