Gazprom is working on implementing the new payment mechanism for natural gas, Kremlin spokesman says
The Kremlin on Tuesday said that Gazprom was implementing the presidential decree that requires payment for gas supplies in rubles.
“All the contacts with buyers of gas have been made via Gazprom, so it will publish information on the results of the talks,” Kremlin spokesman Dmitry Peskov told reporters.
According to Peskov, payments for gas deliveries that took place under the new scheme are expected in May.
Last month, Putin demanded that ‘unfriendly’ countries pay for Russian gas in rubles. To do this, they would need to open accounts at Gazprombank and make payments in euros or dollars that would then be converted into rubles. Putin has warned that failure to comply with the currency switch would mean that affected countries risked losing Russian gas supplies.
