Kremlin: no decision taken on switching Russian LNG sales to roubles

"Currently no decisions have been taken in this regard and there are not any prepared orders," Kremlin spokesperson Dmitry Peskov told his daily conference call with reporters. Kirill Polous, a deputy department head at Gazprom, said on Monday that there was a foreign exchange competition between the pipeline gas which is sold in roubles and LNG which is taxed in dollars, Interfax reported.


Reuters | Moscow | Updated: 05-07-2022 15:13 IST | Created: 05-07-2022 15:12 IST
Kremlin: no decision taken on switching Russian LNG sales to roubles
Kremlin spokesperson Dmitry Peskov (File Photo) Image Credit: ANI
  • Country:
  • Russian Federation

The Kremlin said on Tuesday that no decision had been made on whether to switch sales of Russian liquefied natural gas (LNG) to roubles.

Russia's Gazprom could propose expanding its roubles-for-gas scheme for pipeline gas to include LNG, the Interfax news agency quoted a senior manager as saying on Monday. "Currently no decisions have been taken in this regard and there are not any prepared orders," Kremlin spokesperson Dmitry Peskov told his daily conference call with reporters.

Kirill Polous, a deputy department head at Gazprom, said on Monday that there was a foreign exchange competition between the pipeline gas which is sold in roubles, and LNG which is taxed in dollars, Interfax reported. Asked whether LNG-for-roubles may cover all LNG from Russia, which comes mainly from the Sakhalin-2 project and Novatek-led Yamal LNG, Peskov redirected questions to Gazprom.

Neither Gazprom nor Novatek replied to Reuter's requests for comment.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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