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Putin Signs Order On RUB Gas Payments Valid From 1 April

RUSSIA
  • PUTIN: SIGNED ORDER ON GAS TRADING RULES
  • PUTIN: NEW RULES VALID FROM APRIL 1
  • PUTIN: BUYERS OF GAS SHOULD OPEN ACCOUNTS IN RUSSIAN BANKS
  • PUTIN: ACTIVE CONTRACTS WILL BE HALTED IF DEMANDS NOT MET
  • PUTIN: WILL MOVE TO INCREASE SETTLEMENTS IN NATIONAL CURRENCIES
  • PUTIN: WILL CONTINUE SUPPLYING GAS AT SET VOLUMES, PRICES
  • PUTIN: RUSSIAN GAS PRICES ARE FAR LOWER THAN ON THE SPOT MARKET.
  • PUTIN: EUROPE IS READY TO IGNORE THE INTERESTS OF ITS OWN CITIZENS.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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