The Russian energy giant is reportedly considering his options Gazprom to cut off gas supplies to “unfriendly” countries as well as the possible consequences, according to today’s publication of the Russian newspaper Kommersant citing anonymous sources. President Vladimir Putin has said that Russia will soon demand from “unfriendly” countries to pay for fuel in rubles.raising concerns about a possible gas supply crisis in Europe.
Putin has instructed Russia’s central bank and Gazprom to prepare a payment mechanism by March 31, amid Western sanctions against Russia over its “special military operation” in Ukraine.
Countries in the European Union, which supplies about 40% of it natural gas from Gazprom, have persisted in their refusal to pay for Russian gas in rubles.
“Gazprom… is indeed working on an alternative to the complete cessation of gas supplies to ‘unfriendly’ countries and is assessing the consequences of such measures”the article reported, according to Reuters and the Athens News Agency.
According to Kommersant, Gazprom refused to discuss the matter with the newspaper.
Russia will not immediately ask other countries to pay in rubles for gas importsthe Kremlin announced yesterday.
Source: News Beast
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
