President Vladimir Putin wrote on Thursday Regulation on foreign exchange, which European governments have described as an unacceptable breach of contract.
The ruble payments demanded by Russia for gas exports will affect settlements due in late April and May. Kremlin spokesman Dmitry Peskov said that Russia will not cut off gas supplies to Europe on Friday.
I received a lot of questions about whether, if there is no confirmation of payment in rubles, the gas supply will stop from April 1. No, it is not, it does not stem from the decree signed and published yesterday
A Kremlin spokesman said. Then continue: Payment for deliveries now made is not due today, but in the second half of the month, in late April or even early May.
Peskov said that Russia could stop asking for the ruble at some point if conditions change, but “in the current conditions, the ruble is the most advantageous and reliable option for us.”
In response to a question that German media have reported that Germany may nationalize some of Gazprom’s subsidiaries, Peskov said that
This would be a serious violation of international law.
(Cover image: Russian Gas Pipeline. Photo: Jens Büttner / picture alliance / Getty Images)