Russia says it will not believe in delivering gas to Europe

In statements to the media on Monday, the senior official said that Moscow is studying in detail the scenario in which it expects to deliver fuel in exchange for the Russian currency to countries that have imposed sanctions on it.

The head of the Kremlin press service did not give details of the response measures that the country would take in the event of a refusal to pay in rubles, saying that problems would be resolved as soon as they appeared.

But the fact that we will not provide gas for free is unequivocal. This can be said with absolute certainty. He emphasized that in our situation, it is unlikely or feasible to do a pan-European charity.

President Vladimir Putin ordered that he be informed before next Thursday of the measures that will be taken to implement the new decree to change the currency of payment in gas export contracts into rubles.

“It is absolutely clear, in this sense, that supplying our products to the European Union and the United States and receiving payments in dollars, euros and other currencies makes no sense for us,” the president said on March 23.

An official statement confirmed that Russia would continue to deliver fuel to other countries “according to the quantities and prices stipulated in the contracts.”

“We, unlike some of our partners, value our reputation as a reliable business partner and exporter,” he said.

The head of state stated that consumers from other countries will also be able to conduct gas transactions in rubles, after Moscow settles its obligations in the Russian currency with countries that it considers unfriendly.

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National authorities have approved economic and financial provisions to deal with more than 6,300 measures applied against the country, most of them after the start of the special military operation in Ukraine on February 24.

The United States, the United Kingdom, Canada, Japan and members of the European Union have imposed more than 3,000 new sanctions on Russia, targeting key sectors of trade, finance, energy, exports, aviation and aerospace.

The restrictions included the partial disconnection of Russian banks from the Swift international payment system, the closure of the airspace of its airlines, the paralysis of the international reserves of the Russian Central Bank, and a ban on oil purchases by Washington.

mgt / mml

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