Russian President Vladimir Putin is waiting for reports from the Central Bank and Gazprom on changing the currency of payments for gas from unfriendly countries.
He instructed the Cabinet of Ministers, the Central Bank of the Russian Federation and the Gazprom company, as reported today on the Kremlin website, to make the transition to rubles, and is waiting for a report on the implementation of the relevant comprehensive measures by March 31, and then monthly. In a document following a meeting with members of the government, as quoted by the publication Newssays:
“The Government of the Russian Federation, together with the Bank of Russia and the public joint-stock company Gazprom, implement a set of measures to change the currency of payment for natural gas supplies to the countries of the European Union and other countries that have introduced restrictive measures against citizens of the Russian Federation and Russian legal entities, on Russian ruble”.
Responsible for the execution of the presidential order are Prime Minister Mikhail Mishustin, head of the Central Bank Elvira Nabiullina, head of Gazprom Alexei Miller. Dmitry Peskov said that Russia will not supply gas for free if the Europeans refuse to pay for fuel in rubles, writes RIA News:
“The fact that we will not supply gas for free is unequivocal. This can be said with absolute certainty. In our situation, it is hardly possible and expedient to engage in European charity.”
Meanwhile, the G7 countries, as he writes European truth, declared that they would not pay for Russian gas in rubles, as the Kremlin wants. The decision was announced by German Energy Minister Robert Gabeck, Reuters writes, after a conference with energy ministers of the G7 countries. G-7 energy ministers reject Kremlin demands that “unfriendly” countries pay for Russian gas in rubles, he says:
“All G7 ministers agreed that this is a unilateral and clear violation of existing contracts. And they once again emphasized that the agreements concluded are valid, and companies must respect them … payment in rubles is unacceptable, and we urge interested companies not to comply with Putin’s demands. Putin’s attempt it is obvious to divide us, but as you can see from this great unity and determination, we cannot be divided.”