Several Buyers Agree to Pay in Rubles for Russian Gas: Alexander Novak

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Several Buyers Agree to Pay in Rubles for Russian Gas: Alexander Novak
16 Apr 2022
min read

News Synopsis

Deputy Prime Minister Alexander Novak said that several buyers of Russian gas have agreed to switch the payments in rubles. The identity of the customers who agreed to pay in rubles is yet not disclosed by the deputy prime minister of Russia.

President Vladimir Putin said last month that  Russian gas buyers from "unfriendly" countries should pay in rubles. This is a move opposed by European Union authorities under the bloc's sanctions against Moscow.

Putin has warned Europe that if it does not pay in Russian currency, there is a risk that the gas supply will be cut off, as Moscow seeks retaliation for the sanctions imposed on what Moscow calls  "special military operations" in Ukraine.

Armenia has made some payments for the delivery of Russian natural gas in the ruble, its Minister of Economy Vagan Kerobyan said in an interview with a Russian media outlet.

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