17 minutes agoPutin's request met, Europe prepares to pay Russian gas in ruble
Periskopi(4 years ago)
(4 years ago)Some of Europe's largest energy companies are preparing to use a new gas payment system, a system required by the Kremlin, and which critics say would reduce the effect of sanctions, threaten the bloc's unity and send billions of dollars to [...]
Gas distributors in Germany, Austria, Hungary and Slovakia are planning to open accounts in Gazprombank in Switzerland so that they can meet the Russian demand to pay in its currency, according to some sources that are informed of proper preparations.
Groups include two of the largest Russian gas importer companies: Düsseldorf-based Unipper and Vienna-based OMV.
Negotiations between European buyers and Russian Gazprom -- controlled by the state -- have been frequented as payment deadlines approach, sources said. /Periscopi/
