September 15, 2022 10:27 GMT
Rosneft is moving towards settlements in rubles and friendly countries national currencies.
- "Pursuant to the instruction from the Russian president, Rosneft is gradually shifting to foreign trade settlements in Russian rubles and the national currencies of friendly countries, while optimizing its debt portfolio structure. The company's current debt burden is the lowest since the end of 2013. The net debt/EBITDA ratio has been gradually decreasing over the last seven quarters," according to the press release.