https://sputnikglobe.com/20220331/european-gas-futures-reach-1450-per-cubic-metres-on-putins-statement-on-ruble-payments-1094360652.html
European Gas Futures Reach $1450 Per Thousand Cubic Metres on Putin's Statement on Ruble Payments
European Gas Futures Reach $1450 Per Thousand Cubic Metres on Putin's Statement on Ruble Payments
Sputnik International
Earlier this month, Putin instructed the government and the national energy giant Gazprom to switch gas payments with the countries that had imposed sanctions... 31.03.2022, Sputnik International
2022-03-31T13:32+0000
2022-03-31T13:32+0000
2023-03-05T10:53+0000
gas
vladimir putin
europe
ruble
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European gas futures have reached $1450 per 1000 cubic metres following Russian President Vladimir Putin's statement on ruble payments, according to the London-based ICE exchange.The price of April futures on the TTF index reached $1448.This comes minutes after Putin announced during a virtual meeting with his cabinet that he'd signed a decree regulating the gas trade with so-called "unfriendly" states, which means that countries willing to continue purchasing Russian gas should open bank accounts in Russian banks and pay in rubles.Earlier in March, Putin said that the countries that previously imposed sanctions against Russia over its special operation in Ukraine would have to pay for their natural gas purchases in rubles. He instructed Gazprom, the Central Bank and the government to switch to payments in rubles by 1 April.
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gas, vladimir putin, europe, ruble
gas, vladimir putin, europe, ruble
European Gas Futures Reach $1450 Per Thousand Cubic Metres on Putin's Statement on Ruble Payments
13:32 GMT 31.03.2022 (Updated: 10:53 GMT 05.03.2023) Earlier this month, Putin instructed the government and the national energy giant Gazprom to switch gas payments with the countries that had imposed sanctions against Russia to rubles by the end of March.
European gas futures have reached $1450 per 1000 cubic metres following Russian President Vladimir Putin's statement on ruble payments, according to the London-based ICE exchange.
The price of April futures on the TTF index reached $1448.
This comes minutes after Putin
announced during a virtual meeting with his cabinet that he'd signed a decree regulating the gas trade with so-called "unfriendly" states, which means that countries willing to continue purchasing Russian gas should open bank accounts in Russian banks and pay in rubles.
Earlier in March, Putin said that the countries that previously imposed sanctions against Russia over its special operation in Ukraine would have to pay for their natural gas purchases in rubles. He instructed Gazprom, the Central Bank and the government to switch to payments in rubles by 1 April.
