Ten more European buyers open accounts to pay for Russian gas in rubles - Bloomberg

12 May 2022, 16:12 | Peace
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Ten more European companies have opened accounts with Russia's Gazprombank to pay for Russian gas in rubles, doubling the total number of " It is reported by Bloomberg.

Currently, 20 European companies have opened corresponding accounts, and another 14 clients have requested the documents required to open them.. This was reported by a Bloomberg source on condition of anonymity..

European buyers have been trying for weeks to figure out how they can comply with Putin's demand to pay for Russian gas in rubles from April 1 and not violate European Union sanctions imposed due to Russia's invasion of Ukraine. According to the new mechanism, clients must open two accounts: one in foreign currency and one in rubles in Gazprombank.



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At the end of March, Russian President Vladimir Putin signed a decree on transferring payments for gas exports to rubles, despite existing contracts in euros and dollars. Some countries, A number of countries, including Poland, Finland, the Czech Republic, the Netherlands, Slovakia and others refused to pay the Russian Federation for gas in rubles.

Why Europe does not agree on a complete embargo on energy exports from Russia? Why a partial or short-term embargo is a dangerous strategy? Should Ukraine itself refuse to transit Russian gas? The answers to these questions are in the article by Mikhail Gonchar \?




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