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Putin: Russia will stop the execution of gas contracts if it refuses to pay for deliveries in rubles

Putin: Russia will stop the execution of gas contracts if it refuses to pay for deliveries in rubles
Putin: Russia will stop the execution of gas contracts if it refuses to pay for deliveries in rubles

By Top War

From April 1, Russia is switching to paying for the supplied gas in rubles, a corresponding decree was signed today by President Vladimir Putin. The document puts into effect a new procedure for paying for Russian gas.

The Russian president signed a decree on a new procedure for paying for gas supplied to unfriendly countries. The document provides for the transition to the Russian ruble in the calculations. If any countries refuse to switch to a new payment scheme, they will no longer receive gas. According to Putin, the refusal of the ruble will be considered a default on the part of these countries, and existing contracts will be stopped.

According to him, Russia offers the West a simple and understandable scheme that provides for the opening of ruble accounts in Russian banks. It is from these accounts that gas payments will be made from April 1, 2022. Gazprombank was chosen as such a bank…

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