EU says buyers must confirm initial euro payments for Russian gas purchases

EU says buyers must confirm initial euro payments for Russian gas purchases
Representative Image Image Credit: ANI

The EU said on Thursday buyers of Russian gas could avoid breaching sanctions if they declare purchases complete when they have paid in euros or dollars, but there may be no workaround if Moscow insists they also use a rouble account for the transaction.

Russian gas giant Gazprom cut supplies to Poland and Bulgaria on Wednesday for refusing to pay for gas in roubles, Moscow's toughest response yet to sanctions imposed by the West over the conflict in Ukraine.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.