EU warns natural gas companies against paying Russia in rubles after the country cut supplies to Poland and Bulgaria 2022-04-28 00:07:11

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  • The European Union has asked natural gas companies not to comply with Russia’s demand to pay them in rubles.
  • Gazprom stopped supplies to Poland and Bulgaria after they refused to comply with this request.
  • Europe, which gets 40% of its natural gas from Russia, is concerned about energy security.

The European Union has asked natural gas companies not to comply with Russia’s demand to pay them in rubles.

“Paying in rubles – if it is not foreseen in the contract – is a violation of our sanctions,” European Commission President Ursula von der Leyen said at a press conference on Wednesday, European Commission President Ursula von der Leyen reported. Standard & Poor’s Global Commodity Insights. Firms with such contracts should not respond to Russian demands.

Von der Leyen’s comments came next Russian gas giant Gazprom Natural gas supplies to Poland and Bulgaria were cut off on Wednesday. The two countries had rejected Russia’s demands to pay it in rubles Russian President Vladimir Putin It was announced last month amid sanctions the energy power faces due to the war in Ukraine.

The Russian gas halt to the two countries in the European Union on Wednesday caused tension across Europe, which relies on Russia everywhere 40% of its gas needs.

“It is not surprising that the Kremlin is using fossil fuels to try to blackmail us.” Von der Line He said Wednesday, in a press release that stressed the solidarity between the European Union countries.

Four European buyers of natural gas Already paid to Russia in rubles Bloomberg mentioned Wednesday, citing a person close to Gazprom. Bloomberg did not specify which four European buyers paid for the supplies in Russian currency.

Italian energy giant Eni is also taking precautionary measures as it prepares to set up ruble accounts in Gazprombank, Bloomberg reported, According to people familiar with the matter. Eni did not immediately respond to an Insider’s request for comment.

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