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UK refuses to pay for gas in rubles

Samizdat | March 30, 2022

The UK prime minister’s spokesman said on Wednesday the nation would not pay for Russian gas in rubles as Moscow demands. London is liaising with British companies who might be concerned about the issue or its impact on industries and manufacturers across Europe, he added.

The statement comes as the Kremlin indicated on Wednesday that all of Russia’s energy and commodity exports could soon be priced in rubles.

“[Business minister] Kwasi Kwarteng, working with his counterparts, have made clear that they won’t be paying in rubles,” Johnson’s spokesman told reporters, adding, “[The business ministry] is obviously in contact with any UK businesses that may have concerns.”

Unlike other countries in Europe, the UK is less dependent on Russian gas supply. Russia only provides around 5% of Britain’s gas imports. However, surging energy prices have been affecting the economy.

According to the Office for National Statistics, 51% of Britons currently spend less on non-essential goods due to rising energy costs, 34% are saving gas and electricity at home, while 31% spend less on food and essential goods. Overall, some 83% of those surveyed pointed to the growth of everyday expenses amid rising gas and electricity prices.

March 30, 2022 - Posted by | Economics, Malthusian Ideology, Phony Scarcity, Russophobia |

5 Comments »

  1. Freeze baby freeze!!

    Liked by 1 person

    Comment by papasha408 | March 30, 2022 | Reply

  2. Well, I hope Russia has the cojones to persevere and overcome, IAW its patriotic instincts and core national interests. Easy for this old codger to write….

    (How refreshing it would be for the USA to have some independent, homegrown “patriotism and core national interests” of its own. As the worm turns, Zionism and the colonial-apartheid interests of its MidEast platform trump any possibility of a US-centric position on damned near any domestic or intl issue. The US is “occupied and entangled,” big time….)

    Like

    Comment by roberthstiver | March 31, 2022 | Reply

    • Yes, it’s hard for true patriotism to grow when most of your politicians are compromised.

      Liked by 1 person

      Comment by papasha408 | March 31, 2022 | Reply

      • …while those sitting-and smirking politicians accuse any colleagues (sic) [and others…Tulsi Gabbard] who are *not* compromised of being “traitors” by the ilk of Mitt Romney [of all congresscritters…I’ve thought on occasion that he has an ounce of common sense and integrity]. True and verifiable *US*-patriotic attributes are increasingly scarce — as hen’s teeth — in ZioOccupiedWashDC.

        Like

        Comment by roberthstiver | March 31, 2022 | Reply

        • I think Romney is one of the biggest scumbags in D.C. He certainly isn’t even pretending to be a Republican. The crap he said about Tulsi Gabbard and Tucker Carlson is laughable. Unfortunately, too many normies buy into his bullshit.

          Liked by 1 person

          Comment by papasha408 | March 31, 2022 | Reply


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