The regulation only applies to Gazprom’s pipeline supplies, and the Russian State’s Foreign Investment Commission can issue permits for non-ruble gas payments.
New rules for selling Russian gas to “unfriendly countries” will take effect on April 1, Putin said.
“If such payments [in rubles] is not done, we consider this the default of buyers. With all the consequences, “he said.
Current Russian gas purchase agreements will be terminated if they refuse to pay in rubles, Putin said.
“No one is selling us anything for free. We’re also not going to do a charity. So the existing contracts will be terminated,” he said.
Russia is a responsible supplier and will continue to supply gas at the volumes and prices set by existing contracts, Putin said, noting that these prices are several times lower than current spot prices.
After freezing Russia’s foreign exchange accounts, Western countries actually received some of Russia’s gas for free, Russian President Vladimir Putin said in a meeting with members of the government about the development of the aviation industry.
“In fact, what is happening is what has already happened: we supplied European consumers with our resources, in this case gas, they got it, they paid us in euros, which they then froze. In this respect, there is every reason to believe that we supplied some of the gas , “Putin said.
Source: ANI / Sputnik
Source: The Nordic Page