{"id":503343,"date":"2022-07-06T09:17:02","date_gmt":"2022-07-06T03:47:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=503343"},"modified":"2022-07-06T09:29:38","modified_gmt":"2022-07-06T03:59:38","slug":"oil-could-top-300-400-if-price-capped-says-ex-russian-president","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-could-top-300-400-if-price-capped-says-ex-russian-president\/","title":{"rendered":"Oil could top $300-400 if price capped, says ex-Russian President"},"content":{"rendered":"<p>Russia&#8217;s former president Dmitry Medvedev said on Tuesday a reported proposal from Japan to cap the price of Russian oil at around half its current level would lead to significantly less oil on the market and could push prices above $300-$400 a barrel.<\/p>\n<p>Commenting on the proposal, which was reportedly put forward by Prime Minister Fumio Kishida, Medvedev said Japan &#8220;would have neither oil nor gas from Russia, as well as no participation in the Sakhalin-2 LNG project&#8221; as a result.<\/p>\n<p>President Vladimir Putin last week signed a decree that seizes full control of the Sakhalin-2 gas and oil project in Russia&#8217;s far east, a move that could force out Shell as well as Japanese companies Mitsui &amp; Co and Mitsubishi Corp.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russia&#8217;s former president Dmitry Medvedev said on Tuesday a reported proposal from Japan to cap the price of Russian oil at around half its current level would lead to significantly less oil on the market and could push prices above $300-$400 a barrel. Commenting on the proposal, which was reportedly put forward by Prime Minister Fumio Kishida, Medvedev said Japan &#8220;would have neither oil nor gas from Russia, as well as no participation in the Sakhalin-2 LNG project&#8221; as a result. President Vladimir Putin last week signed a decree that seizes full control of the Sakhalin-2 gas and oil project [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-503343","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/503343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=503343"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/503343\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=503343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=503343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=503343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}