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Russia needs domestic oil pricing agency - Gazprom Neft CEO

September 21, 2014, 2:37 UTC+3 SOCHI
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SOCHI, September 21. /ITAR-TASS/. The time has come for Russia to ponder creation of a domestic pricing [for oil] and rating agency, Russian oil major Gazprom Neft CEO Alexander Dyukov said on TV news channel Rossiya-24.

U.S. and British agencies have taken this niche that raised some difficulties for oil companies amid sanctions, he said. If domestic agencies which will set oil price in roubles are set up, this step will ease up greatly a problem of loans in foreign currency, other than U.S. dollar.

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