‘Putin’s decision does not affect long-term contracts, so neither do we’

Putin’s decision does not “touch” the long-term contracts, according to Capital.gr competent sources, commenting on the news that the relevant order was signed by the Russian president for repayment of active gas contracts in rubles.

The issue will be considered “when and if we are informed by Gazprom”, the same sources add.

Certainly for buyers of Russian gas on a daily or monthly basis, the decision implies that the repayment should be made in rubles if requested by Gazprom, note the competent sources.

In any case, these issues are not resolved by “decrees” they conclude.

As capital.gr has written, the long-term gas supply contract between DEPA and Gazprom includes an explicit provision that the repayments of the quantities are made in euros and not in another currency, so any modification of the contract can be made only after negotiations. and by agreement of both parties.

Source: Capital

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