Russia will stop supplying oil and petroleum products to countries that impose a ceiling on Russian oil prices. This was stated by Russian Deputy Prime Minister Alexander Novak, quoted by the Tass news agency. According to Novak, the ‘price cap’ is an “absolute nonsense” that risks “destabilizing” the oil market. Read also It is ” irresponsible ” to give up Russian gas altogether. German Chancellor Olaf Scholz is convinced of this and says: ” I don’t think it’s responsible to do it alone ”. However, Germany is prepared to handle the fact that Russia can turn off the gas taps at any moment, he said. “Even if the situation gets really difficult, we will get through the winter,” said Scholz. The Russian giant Gazprom, in the period January-August, according to preliminary data, reduced gas production by 14.6% compared to in the same period last year to 288.1 billion cubic meters. Gas exports to non-CIS countries in the 8 months decreased by 37.4% (by 49.1 billion cubic meters) to 82.2 billion cubic meters. Over the same period, Gazprom’s average daily export in August increased by nearly 8% from its July level to 222.6 million cubic meters. Russian gas exports to China via the Power of Siberia pipeline continue to grow under a long-term bilateral contract between Gazprom and CNPC. Deliveries regularly exceed daily contract quantities, Gazprom said in a statement. As for gas supplies to Europe, global demand fell by 73% in the first 8 months of the year.