Russia won't turn off gas supplies to Europe from Friday, Kremlin says – Reuters


Kremlin spokesman Dmitry Peskov attends a joint news conference of Russian President Vladimir Putin and Belarusian President Alexander Lukashenko in Moscow, Russia February 18, 2022. Sputnik/Sergey Guneev/Kremlin via REUTERS
April 1 (Reuters) – Rouble payments that Russia is insisting on for its gas exports will affect settlements due in late April and May, and Russia will not turn off gas supplies to Europe on Friday, Kremlin spokesman Dmitry Peskov said.
President Vladimir Putin signed an order on Thursday stipulating the change of currency, which European governments have called an unacceptable breach of contract. read more
"Does this mean that if there is no confirmation in roubles, then gas supplies will be cut off from April 1? No, it doesn't, and it doesn't follow from the decree," Peskov told reporters.
He said it would affect payments from the second half of April, and Gazprom would work with its customers to implement the new rules.
Peskov said that Russia could at some point abandon the rouble order if conditions changed, but "in the current conditions, roubles are the most preferable and reliable option for us".
Asked about German media reports on the possibility of Germany nationalising some Gazprom subsidiaries, Peskov said it would be a serious violation of international law.
He said Russia was witnessing "gangster actions" in relation to the seizure of its property.
Our Standards: The Thomson Reuters Trust Principles.
Subscribe to our energy newsletter to get the latest news affecting the global energy industry.
Subscribe to our newsletter to get all the news you need to start your day.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2022 Reuters. All rights reserved

source


Leave a Reply

Your email address will not be published.