The Russian news agency “Tass” announced that the Russian government has ordered to stop publishing statistics related to the country’s production of oil, gas and condensate until the first of April next year 2024, without mentioning any other details.
And the National Statistics Authority (Rosstat) deleted the monthly oil production data from its latest economic report, which it published on (Wednesday).
In a related context, the Russian government website reported that President Vladimir Putin signed (last Friday) a decree exempting existing contracts with what are described as “friendly” countries and companies from the ban he imposed on Russian oil sales in response to price restrictions.
In December, Putin signed a decree banning the supply of crude oil and petroleum products, starting from February 1, to countries that adhere to the price ceiling.
The Group of Seven, the European Union and Australia had agreed to impose a price ceiling of $60 per barrel of Russian crude oil transported by sea, as of December 5, in response to Moscow’s “special military operation” in Ukraine.
