“THE claim for payment for energy exports in rubles and not in dollars or euros does not constitute a breach of contractbut the Russia “Russian Deputy Foreign Minister Sergei Ryabkov told the TASS news agency on Wednesday that he is adapting to the unprecedented pressures.”
Ryabkov said he expects the Russia and the European Union to reach an agreement as to their differences in the coming days, Reuters reports, citing TASS.
Moscow’s insistence on receiving ruble payments for Russian gas, which accounts for a third of Europe’s annual energy needs, has prompted European nations to take action, according to the Athenian-Macedonian News Agency.
Ryabkov’s statement comes after the Kremlin announced today that Russia will not immediately ask other countries to pay in rubles for gas imports, promising a gradual transition.
Britain will not pay in rubles for gas
THE Britain will not pay in rubles for Russian goods such as gas and is in contact with British companies that may be concerned about the issue or the impact it will have on industries and manufacturers across Europe, said a spokesman for Boris Johnson.
The Kremlin announced today that all Russian energy and commodity exports could be priced in rubles, with the Germany activate an emergency plan for the management of gas supplies that could bring the largest economy in Europe in the event of a conflict disrupting or disrupting supply.
“(Minister of Energy and Business) Quasi Quarteng, in collaboration with his counterparts, made it clear that they would not pay in rubles“, Johnson’s representative stressed today.
“(The Department for Energy and Business) is obviously in contact with any UK companies that may have concerns.”
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.
