Putin withdraws, allows gas to be paid with foreign currency

Putin withdraws, allows gas to be paid with foreign currency

Russian President Vladimir Putin signed a recent decree allowing the considered unfriendly countries to have the opportunity to pay foreign currency gas bills. Several months ago, just March 1st, the Russian leader imposed a rule that the exchange of gas with the countries that faced his departure [...]

A few months ago, just on March 1st, the Russian leader imposed a rule that the exchange of gas with countries it faced during the start of the attack in Ukraine, pay gas in rubles, or risk suspending contracts.

That is why he opened up new accounts for this type of payment, but this met with resistance from Western lands.

According to Gazprom, 58% of natural gas sales in Europe and other states were conducted through payments in euros, while 39% in US dollars and 3% in pounds. Russian gas represents 40% of the total amount of gas consumed in Europe.

In the list of non-friendly states, Russia has also introduced Albania, except for the US, the EU, Great Britain, Japan, Canada, Norway, Singapore, South Korea, Switzerland, and Ukraine. /A2/remove Putin, allows <x0-narmial countries” to pay foreign currency gas bills

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