Tag: rubles
Latest news – Details: Prigozhin will pay 50 million rubles to the victims’ families
Details: Prigozhin must pay 50 million rubles to the victims’ families Ten people were in the transport plane that was allegedly shot down in Russia yesterday. Wagner group leader Yevgeny…
Russia’s budget deficit closes at 2.4 trillion rubles in the first quarter
(Finance) – The federal budget deficit of Russia stood at 2.4 trillion rubles in the first quarter of the year, due to large spending by Moscow and falling energy revenues.…
Gazprom announces an agreement with China for the purchase of Russian gas in rubles and yuan
The strategic partnership between Moscow and Beijing is gradually strengthening. The Russian gas giant Gazprom announced Tuesday, September 6 the signing of an agreement under which China will now pay…
Putin wants to repay foreign debt in rubles and risk default
After the gas payment crisis in roubles, another showdown is looming, the payment of Russia’s foreign debt in dollars. The Russian Ministry of Finance announced it three weeks ago, Vladimir…
Gazprom suspends supplies to Orsted and Shell for non-payment in rubles
(Finance) – Gazpromthe government-controlled Russian energy giant, said will suspend gas supplies to the main Danish energy company Orsted and to Shell Energy Europe (subsidiary of the British oil company…
They refused to pay in rubles… Russia is cutting off the natural gas flow to that European country!
According to the decree signed by Russian President Vladimir Putin after Russia’s attacks on Ukraine, it was decided that the countries that buy gas from Russia should make their payments…
Russia tampas with very strong rubles
Among other things, a proposal is currently being discussed to reduce the proportion of export earnings in foreign currency that must be exchanged for rubles to 50 percent, from today’s…
Europe pays for its gas in rubles!
Since Europe cannot yet do without Russian gas, half of Gazprom’s 54 European customers pay in rubles. In order not to risk gas cuts, as was the case for Poland…
This is how Putin benefits when Europe pays for Russian gas in rubles – we gather answers to key questions about ruble trade
The European Commission has condemned the ruble trade of gas companies. Finland’s Gasum will soon have to decide how it will respond to Russia’s demand for ruble payments. Elli-Alina Hiilamo,…
Fortum’s subsidiary Uniper intends to circumvent Russia’s requirements to pay for gas in rubles with a new payment mechanism
The natural gas imported under the new payment mechanism would be paid in euros to Russian Gazprom, whose bank account would be converted into rubles. This is contrary to the…