Russia’s ruble payment plan leaves European gas buyers confused
Samizdat | March 23, 2022
German gas industry group Zukunft Gas said on Wednesday it was confused by the statement of Russian President Vladimir Putin about the switch of payments for Russian natural gas supplies to rubles.
“We took the message that Russia wants [us] to pay for gas supplies only in rubles with great confusion,” Timm Kehler, the director general of Zukunft Gas, told DPA agency. “We can’t predict at this moment what specific implications this will have for the gas trade,” Kehler said.
Meanwhile, Austrian OMV said it was going to continue to pay for Russian gas in euros. According to the head of the company, they have no other contractual basis.
President Putin announced earlier in the day that Russia will now accept payment for gas exports to “unfriendly countries” in rubles only.
The measure is the first serious response from Moscow to sanctions imposed on Russia by the US and its allies over the conflict in Ukraine. A number of mostly Western countries have taken steps to isolate Russia from their financial systems. Major Russian banks have been cut off from the SWIFT payment network, making it difficult for the country to continue transactions in euros and US dollars.
Share this:
- Click to share on X (Opens in new window) X
- Click to email a link to a friend (Opens in new window) Email
- Click to print (Opens in new window) Print
- Click to share on Facebook (Opens in new window) Facebook
- Click to share on Pinterest (Opens in new window) Pinterest
- More
- Click to share on Pocket (Opens in new window) Pocket
- Click to share on Reddit (Opens in new window) Reddit
- Click to share on Telegram (Opens in new window) Telegram
- Click to share on Tumblr (Opens in new window) Tumblr
- Click to share on WhatsApp (Opens in new window) WhatsApp
- Click to share on LinkedIn (Opens in new window) LinkedIn
Related
March 23, 2022 - Posted by aletho | Economics | European Union, Russia
2 Comments »
Leave a comment Cancel reply
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Featured Video
Stanislav Krapivnik: Massive Escalation – Attack on Putin’s Residence
or go to
Aletho News Archives – Video-Images
From the Archives
China and India have ‘low intellectual potential’ – top Zelensky aide
RT | September 13, 2023
The people leading India and China lack the ability to predict the long-term consequences of their policies, a senior aide to Ukrainian President Vladimir Zelensky has claimed.
Mikhail Podoliak pointed to what he called “the problem of the modern world,” singling out India and China, in an interview with Ukrainian media on Tuesday.
“The problem with these countries is that they do not analyze the consequences of their own moves. These countries, unfortunately, have low intellectual potential,” he said.
Podoliak suggested that even though India has a lunar exploration program, it “does not mean that this nation understands what the modern world precisely is.”
The dismissive remarks were in the context of Beijing and New Delhi’s refusal to support Kiev in its conflict with Moscow. Podoliak complained that India, China and Türkiye were “profiting” from the war by maintaining trade with Russia.
“Technically, it is in their national interests,” he acknowledged, before presenting his view of what would benefit China in the long-run.
“China should be interested in Russia disappearing, because it is an archaic nation that drags China into unnecessary conflicts,” he claimed. … continue
Blog Roll
-
Join 2,407 other subscribers
Visits Since December 2009
- 7,263,763 hits
Looking for something?
Archives
Calendar
Categories
Aletho News Civil Liberties Corruption Deception Economics Environmentalism Ethnic Cleansing, Racism, Zionism Fake News False Flag Terrorism Full Spectrum Dominance Illegal Occupation Mainstream Media, Warmongering Malthusian Ideology, Phony Scarcity Militarism Progressive Hypocrite Russophobia Science and Pseudo-Science Solidarity and Activism Subjugation - Torture Supremacism, Social Darwinism Timeless or most popular Video War Crimes Wars for IsraelTags
9/11 Afghanistan Africa al-Qaeda Australia BBC Benjamin Netanyahu Brazil Canada CDC Central Intelligence Agency China CIA CNN Covid-19 COVID-19 Vaccine Donald Trump Egypt European Union Facebook FBI FDA France Gaza Germany Google Hamas Hebron Hezbollah Hillary Clinton Human rights Hungary India Iran Iraq ISIS Israel Israeli settlement Japan Jerusalem Joe Biden Korea Latin America Lebanon Libya Middle East National Security Agency NATO New York Times North Korea NSA Obama Pakistan Palestine Poland Qatar Russia Sanctions against Iran Saudi Arabia Syria The Guardian Turkey Twitter UAE UK Ukraine United Nations United States USA Venezuela Washington Post West Bank WHO Yemen ZionismRecent Comments
papasha408 on Trump Says Hamas Will Be Given… papasha408 on Is Israel About to Return to G… Bill Francis on NSW Premier Admits New “Securi… Richard Ong on Israeli forces arrest writer a… Bill Francis on How reporting facts can now la… Gemma on Israel’s diamond industr… Bill Francis on Victoria Moves to Force Online… papasha408 on The Empire of Lies: How the BB… loongtip on US Weighs Port Restrictions on… Bill Francis on Chris Minns Defends NSW “Hate… Sheree Sheree on I was canceled by three newspa… Richard Ong on Czech–Slovak alignment signals…
Aletho News- How Intelligence, Politics, and Foreign Interests Shaped America’s Religious Movements
- Welcome To 2026: Europe Laying Groundwork For Climate Science Censorship!
- The new German totalitarianism
- Stanislav Krapivnik: Massive Escalation – Attack on Putin’s Residence
- Gaza races to preserve what remains of its 5,000-year-old archaeological legacy
- Dayton At 30: US Betrayal Old And New
- UNRWA head slams ‘outrageous’ Israeli law to cut water, energy to agency’s facilities
- Trump Says Hamas Will Be Given a ‘Short Period of Time’ to Disarm
- Is Israel About to Return to Genocide? Three Scenarios for What Comes Next
- Netanyahu Aligned Think Tanker: Somaliland Offered To ‘Absorb’ One Million Palestinians
If Americans Knew- Gaza health officials report outbreaks of water-borne illnesses, flu – Not a ceasefire Day 82
- TCN Warns – “ISRAEL FIRST: U.S. May Attack Iran Again”
- Hamas calls on Israel to allow impartial investigation into 7 October attacks
- Indiegogo Withholds $51K In Donations From MintPress in Financial Censorship Crackdown
- Gaza races to preserve what remains of its 5,000-year-old archaeological legacy
- Gaza health official says miscarriages surge as births fall by 40%
- Leahy Law Requires Ban on Aid to Israeli Police Unit for Killing Two Palestinians Who Surrendered
- Israel blocks entry of eye drops for blind people in Gaza
- I did not understand I grew up in a concentration camp until I left Gaza
- One excavator, 10,000 bodies, a sea of rubble: inside Gaza’s effort to retrieve and bury its dead
No Tricks Zone- Welcome To 2026: Europe Laying Groundwork For Climate Science Censorship!
- New Study Finds A Higher Rate Of Global Warming From 1899-1940 Than From 1983-2024
- Meteorologist Dr. Ryan Maue Warns “Germany Won’t Make It” If Winter Turns Severe
- Merry Christmas Everybody!
- Two More New Studies Show The Southern Ocean And Antarctica Were Warmer In The 1970s
- Der Spiegel Caught Making Up Reports About Conservative America (Again)
- New Study: 8000 Years Ago Relative Sea Level Was 30 Meters Higher Than Today Across East Antarctica
- The Wind Energy Paradox: “Why More Wind Turbines Don’t Always Mean More Power”
- New Study Reopens Questions About Our Ability To Meaningfully Assess Global Mean Temperature
- Dialing Back The Panic: German Physics Prof Sees No Evidence Of Climate Tipping Points!
Contact:
atheonews (at) gmail.com
Disclaimer
This site is provided as a research and reference tool. Although we make every reasonable effort to ensure that the information and data provided at this site are useful, accurate, and current, we cannot guarantee that the information and data provided here will be error-free. By using this site, you assume all responsibility for and risk arising from your use of and reliance upon the contents of this site.
This site and the information available through it do not, and are not intended to constitute legal advice. Should you require legal advice, you should consult your own attorney.
Nothing within this site or linked to by this site constitutes investment advice or medical advice.
Materials accessible from or added to this site by third parties, such as comments posted, are strictly the responsibility of the third party who added such materials or made them accessible and we neither endorse nor undertake to control, monitor, edit or assume responsibility for any such third-party material.
The posting of stories, commentaries, reports, documents and links (embedded or otherwise) on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such posted material or parts therein.
The word “alleged” is deemed to occur before the word “fraud.” Since the rule of law still applies. To peasants, at least.
Fair Use
This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more info go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.
DMCA Contact
This is information for anyone that wishes to challenge our “fair use” of copyrighted material.
If you are a legal copyright holder or a designated agent for such and you believe that content residing on or accessible through our website infringes a copyright and falls outside the boundaries of “Fair Use”, please send a notice of infringement by contacting atheonews@gmail.com.
We will respond and take necessary action immediately.
If notice is given of an alleged copyright violation we will act expeditiously to remove or disable access to the material(s) in question.
All 3rd party material posted on this website is copyright the respective owners / authors. Aletho News makes no claim of copyright on such material.

Just as Saudi Arabia will only accept payment for Oil in American Dollars(giving rise to the name “Petrodollars”) Putin, by insisting of payment for Russian Gas, only in Russian Rubles, (meaning that those countries will have to purchase Rubles to pay for gas will/May give rise to the term “Petro-Rubles”………Two can play this evil game…….Putin is “Rat Smart”…….
LikeLike
The IOU fiat filth petroscrip toilet paper dollah and its gimp basturd €urodollah is getting flushed from the clogged ponzi sewer in the Wall St shitter of the anglozionazi empire of shit. Watch the tsunami of toxic derivative filth sweep away all pretension of power in the diseased “West”.
Poke the Bear and you get your extremities ripped to bits. Time for the oligarch owned EuroPeons to send their snaggle-toothed Pentacon legions home to Slumville USSA for their fast approaching “civil” war kick off. The future of Urupp, if indeed it has one, is with the East as Bismarck tried to explain to the retards more than a century ago.
LikeLike