Igor Sechin calls up to reject the use of USD in oil contracts
Edited by Rhod Mackenzie / 2014-10-23 03:39:01
The head of Rosneft, Igor Sechin has called for the rejection of the binding to the USD energy supply contracts. He made this statement at the 3rd Eurasian fFrum ‘Innovations and International Integration’.
‘To avoid manipulation with the markets and the excessive influence of the factors specific for one regional market to the other, we should be braver in the diversification of the foreign currency contracts. Why do we bind the European contracts to USD?’, - he asks.