Four European gas buyers paid the ruble to Russia: Report

Four European gas buyers paid the ruble to Russia: Report

Four European gas buyers are already paying for supplies in the ruble, as requested by President Vladimir Putin, according to a person near the Russian gas giant Gazprom PJSC.

Even if other buyers reject the Kremlin’s terms, further cutoffs are unlikely until the second half of May, when the next payment is due, after the gas flow to Poland and Bulgaria stops on Wednesday. Discusses confidential matters that the person spoke on anonymous terms.

He said the 10 European companies needed to meet Russia’s payment demands have already opened accounts at Gazprombank.

Supply to Poland and Bulgaria was cut off after the gas giant rejected the ruble payment mechanism proposed by Gazprom for not violating European Union sanctions, he said. Russia supplies gas to 23 European countries via pipelines.