Tag Archives: rubles

Budapest, Hungary | Xinhua | Payment in rubles for Russian gas is not a violation of European Union sanctions, Hungarian government spokesperson Zoltan Kovacs said on Saturday. “The EU so far has no common procurement of gas and oil for European countries. So as we speak, we still go by …

Moscow, Russia | Xinhua | Ruble payments will be used more in Russia’s foreign trade, Kremlin Spokesman Dmitry Peskov said Sunday. “It is still a prototype system (of payments), but I’m confident that it will spread to new groups of goods as well, and it will play a larger role in …

Moscow, Russia | Xinhua | Russian President Vladimir Putin signed a decree on Thursday on new rules of natural gas trade with “unfriendly” countries and regions, vowing to halt existing contracts if these buyers refuse to pay in rubles. “Today I signed a decree … To purchase Russian natural gas, they …

Berlin, Germany | Xinhua | The Group of Seven (G7) has agreed to reject Russia’s demand to pay gas deliveries in rubles, said German Vice-Chancellor Robert Habeck on Monday. Russia’s demand was “a unilateral and clear breach of existing contracts,” Habeck, who is also the German minister for economic affairs and …

Berlin, Germany | Xinhua | German Chancellor Olaf Scholz on Thursday rejected Russian President Vladimir Putin’s announcement of transferring payment to rubles in natural gas deal. Scholz made the remarks at a press conference after a meeting of the Group of Seven (G7) leaders in Brussels. In response to Putin’s recent …

Russia to sell gas to “unfriendly countries” in rubles Brussels, Belgium | Xinhua | European countries have been thrown into disarray after Russian President Vladimir Putin said “unfriendly countries” who buy Russia’s gas will now have to pay in rubles. “Russia will continue, of course, to supply natural gas in accordance …

Moscow, Russia | Xinhua | Russia will reject U.S. dollars or euros and only accept rubles for its natural gas supplied to “unfriendly countries,” including the European Union (EU) members and the United States, President Vladimir Putin said Wednesday. Over the past few weeks, some Western countries have taken “illegitimate decisions” …