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- Dec 6, 2018
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UK Allows Gazprombank Gas Payments till end of May
The Treasury has issued a temporary license allowing payments for Russian gas to be made to Gazprombank - which the UK, but not the EU, has sanctioned - until the end of May.
Moscow had demanded that Russian gas buyers open ruble and foreign currency accounts with Gazprombank or face a halt in supply. April bills are due to be settled next month.
Meanwhile, the UK scolds India for buying up Russian energy. Do as I say, not...
The Treasury has issued a temporary license allowing payments for Russian gas to be made to Gazprombank - which the UK, but not the EU, has sanctioned - until the end of May.
Moscow had demanded that Russian gas buyers open ruble and foreign currency accounts with Gazprombank or face a halt in supply. April bills are due to be settled next month.
Meanwhile, the UK scolds India for buying up Russian energy. Do as I say, not...