Russia will transfer all mutual settlements for energy resources into national currencies – Kommersant
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Russia is switching to national currencies when paying for energy resources, Deputy Prime Minister Alexander Novak. According to him, the yuan and the ruble are especially in demand, and in the future Russia plans to abandon the euro and the dollar.
He clarified that China is already paying for Russian gas in yuan. “This vector will continue, our colleagues are already paying for gas in yuan in the People’s Republic of China, partly for oil. And payments are made in rubles. We will continue to improve these mutual settlements in national currencies,” Novak said in an interview with the Moscow. Kremlin. Putin” (quote from TASS).
According to the Deputy Prime Minister, there is “great interest” in buying Russian energy resources. In this regard, in his opinion, it is necessary to create settlement mechanisms, and they can only be in national currencies.
From April 1, 2022, according to the decree of Vladimir Putin, Russia translated settlements with “unfriendly” countries for the supply of Russian gas in rubles. In accordance with the decree, companies must transfer gas fees in euros to a special account of Gazprombank. European Commission considered this is a violation of the sanctions. For payment in rubles agreedin particular Türkiye.
About the situation on the market – in the material “Kommersant” “The EU has exceeded the plan to reduce gas consumption”.
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