Rais mbabe na mmiliki wa mkanda mweusi wa judo katangaza kuanza kuuza gas yake kwa zile nchi alizoziita unfriendly kwa sarafu ya rubble badala ya dollar & euro na katoa wiki moja kwa bank kuu ya Urus kukamilisha utaratibu wa kupokea mauzo ya gas kupitia rubble
Kwahiyo kuanzia wiki moja toka Leo nchi za ulaya zitaanza kukimbizana huku na kule kusaka rubble
=====
Russia will demand that “unfriendly” countries pay for natural gas in rubles, President Vladimir Putin said Wednesday, causing European futures to jump.
“I have taken a decision to switch to ruble payments for our natural gas supplies to the so-called hostile states,” Putin said at a meeting with government officials, according to a transcript published on the Kremlin website. “Stop using the compromised currencies in such transactions.”
Benchmark European gas prices rose as much as 21% in Amsterdam amid concerns that Russia’s requirement could exacerbate the energy supply crunch on the continent. The ruble strengthened.
State gas exporter Gazprom PJSC’s press office declined to comment on whether its long-term supply agreements allow a switch to ruble payments.
Some 58% of Gazprom’s gross gas sales abroad were in euros as of the third quarter of last year, according to the producer’s most recent bond prospectus. Another 39% were in U.S. dollars.
“At the same time, I want to emphasize that Russia will definitely continue to supply natural gas in line with the volumes and prices and pricing mechanisms set forth in the existing contracts,” Putin said.
In the first 15 days of March, Gazprom exported an average of 500 million cubic meters per day to countries outside the former Soviet Union, including those in the EU, China and Turkey. Of the total, flows toward Europe averaged 384 million cubic meters per day, the producer’s data showed.
Putin also said it makes no sense to export goods to the U.S. or EU in dollars or euros
Kwahiyo kuanzia wiki moja toka Leo nchi za ulaya zitaanza kukimbizana huku na kule kusaka rubble
=====
Putin Wants ‘Hostile’ States to Pay for Russia Gas in Rubles
Sign up here to get the latest updates on the Russian invasion of Ukraine. You can also follow us on Telegram here.Russia will demand that “unfriendly” countries pay for natural gas in rubles, President Vladimir Putin said Wednesday, causing European futures to jump.
“I have taken a decision to switch to ruble payments for our natural gas supplies to the so-called hostile states,” Putin said at a meeting with government officials, according to a transcript published on the Kremlin website. “Stop using the compromised currencies in such transactions.”
Benchmark European gas prices rose as much as 21% in Amsterdam amid concerns that Russia’s requirement could exacerbate the energy supply crunch on the continent. The ruble strengthened.
State gas exporter Gazprom PJSC’s press office declined to comment on whether its long-term supply agreements allow a switch to ruble payments.
Within a Week
Putin ordered Russia’s central bank to develop a mechanism enabling such payments within a week, according to the transcript. Earlier in March, Russia’s government announced a list of 48 states deemed hostile. They included the U.S., Japan, all European Union members, Switzerland and Norway. As a result, the bulk of Russian gas exports now go to “unfriendly” nations.Some 58% of Gazprom’s gross gas sales abroad were in euros as of the third quarter of last year, according to the producer’s most recent bond prospectus. Another 39% were in U.S. dollars.
“At the same time, I want to emphasize that Russia will definitely continue to supply natural gas in line with the volumes and prices and pricing mechanisms set forth in the existing contracts,” Putin said.
In the first 15 days of March, Gazprom exported an average of 500 million cubic meters per day to countries outside the former Soviet Union, including those in the EU, China and Turkey. Of the total, flows toward Europe averaged 384 million cubic meters per day, the producer’s data showed.
Putin also said it makes no sense to export goods to the U.S. or EU in dollars or euros