https://sputnikglobe.com/20220430/germany-refuses-to-pay-for-russian-gas-in-rubles-1095167510.html
Germany Refuses to Pay for Russian Gas in Rubles
Germany Refuses to Pay for Russian Gas in Rubles
Sputnik International
BERLIN (Sputnik) - Germany does not plan to pay for Russian gas in rubles and is currently doing everything to end its dependency on Russian energy, German... 30.04.2022, Sputnik International
2022-04-30T12:55+0000
2022-04-30T12:55+0000
2022-04-30T12:55+0000
germany
europe
russia
gazprom
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russian gas
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On Wednesday, Russian energy giant Gazprom decided to suspend gas supplies to Bulgarian company Bulgargaz and Poland's PGNiG from 27 April due to their refusal to pay for Russian gas in rubles.In late March, Russian President Vladimir Putin instructed the government and Gazprom to switch gas payments by countries that have imposed sanctions on Russia to rubles. This came after several countries imposed restrictions on Russia in response to its military operation in Ukraine.According to the new scheme, Gazprombank will open special foreign currency and ruble accounts for foreign customers. Buyers will be able to transfer funds in the currencies specified in gas supply contracts. The bank will sell it on the Moscow Exchange and then transfer rubles to the gas buyers' ruble accounts. Buyers will then use these funds to pay Gazprom.
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Germany Refuses to Pay for Russian Gas in Rubles
BERLIN (Sputnik) - Germany does not plan to pay for Russian gas in rubles and is currently doing everything to end its dependency on Russian energy, German Finance Minister Christian Lindner said on Saturday.
"We will not let [Russia] to blackmail us! And we will not pay for Russian gas in rubles in the future either. It is clear that we are doing everything to become independent from Russia as soon as possible", Lindner wrote on Twitter.
On Wednesday, Russian energy giant
Gazprom decided to
suspend gas supplies to Bulgarian company Bulgargaz and Poland's PGNiG from 27 April due to their refusal to pay for Russian gas in rubles.
In late March, Russian President Vladimir Putin instructed the government and Gazprom to switch gas payments by countries that have imposed sanctions on Russia to rubles. This came after several countries imposed restrictions on Russia in response to its military operation in Ukraine.
According to the new scheme,
Gazprombank will open special foreign currency and ruble accounts for foreign customers. Buyers will be able to transfer funds in the currencies specified in gas supply contracts. The bank will sell it on the Moscow Exchange and then transfer rubles to the gas buyers' ruble accounts. Buyers will then use these funds to pay Gazprom.
