Loading ...Putin Signs Decree Ordering Gas Exports To Be Halted If Buyers Don’t Pay In Rubles
And of all days the decree takes effect on April fools day…the unfriendly countries won’t find it amusing : -)
According to Bloomberg, Putin said he had signed a decree demanding payment in rubles for Russian gas supplies, which is set to begin April 1 as previously reported. According to the decree, while Russia will continue to supply gas at set volumes and prices, it will demand that buyers of gas open accounts in Russian banks, and warned that Moscow can halt gas contracts if buyers don’t pay in rubles; additionally, new proceedings in EUR or USD could be blocked.
Like a boss!