Proposal allows opening accounts in Gazprombank, as Moscow has requested, report claims
The European Commission has reportedly agreed a plan that would allow companies to keep buying Russian gas without violating sanctions imposed on Moscow over its military attack on Ukraine.
Bloomberg reported on Saturday – citing sources said to be familiar with the results of a private meeting of the EU executive branch – that the new guidance will require companies to clearly state that they consider their obligations fulfilled once payment in euros or in dollars is complete.
At the same time, the proposal does not prevent the companies from opening euro or dollar accounts in Gazprombank, as Moscow has requested.
In March, Russian President Vladimir Putin demanded that ‘unfriendly’ countries pay for Russian gas in rubles. To comply, they are requested to open accounts at Gazprombank and make payments in euros or dollars that would then be converted into…
