Eni is opening accounts in a Russian bank without changing its current contracts
Italy’s Eni, considered one of the world’s seven energy supermajors, announced that it has begun procedures to open a dual checking account with Gazprombank to comply with Russia’s new ruble-based gas payment scheme, Corriere reported on Tuesday.
“In connection with the approaching payment deadlines scheduled for the coming days, Eni has begun, as a precautionary measure, procedures related to the opening of two current accounts with Gazprombank, one in euro and one in rubles, indicated by Gazprom Export according to a unilateral claim to modify existing contracts in accordance with the new gas payment procedure,” the company said in a statement.
The accounts will allow Eni to pay for Russian gas in accordance with the new rules introduced at the end of March, in response to Ukraine-related economic sanctions placed on the country. According to the…