Exxon seeks permit for its eighth oil, gas project in Guyana as output rises
Putin says Russia will switch gas sales to roubles for ‘unfriendly’ countries
6:32 CAT | 23 Mar 2022
File photo: BBC
Russia plans to switch its gas sales to “unfriendly” countries to roubles, President Vladimir Putin has said.
“Russia will continue, of course, to supply natural gas in accordance with volumes and prices … fixed in previously concluded contracts,” Putin said at a televised meeting with top government ministers.
“The changes will only affect the currency of payment, which will be changed to Russian roubles,” he added.
Putin said the government and central bank had one week to come up with a solution on how to move these operations to the Russian currency and that gas giant Gazprom would be ordered to make the corresponding changes to gas contracts.
Russia’s list of “unfriendly” countries, which corresponds to those that imposed sanctions, includes the US, European Union member states, United Kingdom, Japan, Canada and Ukraine, among others.
Source: Al Jazeera
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.