Russian gas buyers that have refused to pay in rubles have already been cut off from supplies, Kremlin Press Secretary Dmitry Peskov said on Thursday, adding that no new cuts have been planned.
“They have already been turned off… The system is working, the system has been adjusted,” he told journalists. “Those who receive gas are already working according to the new system, which is defined in the relevant decree of the president of Russia.”
The new payment mechanism was introduced by Moscow on April 1 and applies only to countries that have imposed economic sanctions on Russia. The conditions require buyers to open two accounts in Gazprombank – one in rubles and one in foreign currency. The buyer can deposit their currency of choice in their foreign currency account. The Russian bank automatically exchanges the currency into rubles, which are then transferred to the customer’s ruble account for payment to Gazprom.
READ MORE: Fuel rationing may be coming to Europe – IEA
EU countries including the Netherlands, Poland and Finland, as well as some companies in Denmark and Germany, have refused to comply and had their gas supplies cut. Others, like Hungary’s MVM, and Germany’s RWE and Uniper, have agreed to the new payment method and continue to receive Russian gas.
For more stories on economy & finance visit RT’s business section
© 2022, paradox. All rights reserved.
The man who critically injured Slovak Prime Minister Robert Fico on Wednesday was a fierce…
The Asia-Pacific region should be free of military blocs because of their potential to undermine…
Russian President Vladimir Putin was welcomed with an honor guard after his plane touched down…
Russian President Vladimir Putin has set the stage for his state visit to China by…
С каждым днем онлайн-казино становятся все более популярными среди азартных игроков. И это вполне логично:…
Russian President Vladimir Putin has officially appointed Andrey Belousov as the new minister of defense.Belousov,…