Gazprom is working on ruble regulations for its gas, Kremlin says


March 25 (Reuters) – Russian President Vladimir Putin has ordered Russia’s top energy group Gazprom to accept ruble settlements for its natural gas exports and urged it to find a mechanism to allow such settlements within four days, the Kremlin said on Friday.

Kremlin spokesman Dmitry Peskov clarified that this injunction did not concern Novatek, Russia’s largest producer of liquefied natural gas (LNG).

Vladimir Putin said on Wednesday that Russia will demand payment in rubles for gas deliveries to “unfriendly countries” after Western countries imposed several sanctions packages to force Moscow to end its invasion of Russia. Ukraine.

This decision provoked the ire of European countries who denounced a violation of the contracts binding Gazprom, these contracts stipulating that the regulations had to be made either in American dollars or in euros. (Edited by Reuters, French version by Matthieu Protard, edited by Jean-Michel Bélot)










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