All news

Countries rejecting gas-for-rubles arrangement cut off from supplies, says Kremlin

According to Dmitry Peskov, no new disconnections are planned

MOSCOW, June 9. /TASS/. Countries that refused to pay for gas under Moscow's new ruble-based arrangement have already been cut off from supplies, but no new disconnections are planned, Kremlin Spokesman Dmitry Peskov told reporters.

"They have already been cut off. No, [no new disconnections are planned]. The system is working, and it has been adjusted. Those who receive gas are already functioning under the new system, described in the relevant decree of the President of Russia," he said.

On March 31, Russian President Vladimir Putin signed a decree that starting from April 1, a new procedure for paying for Russian gas supplies for buyers from unfriendly countries would be put into place. These countries must transfer funds into foreign currencies to Gazprombank, which would convert the money to rubles and further transfer the amount to special ruble accounts of importers. At the same time, Russia will continue to supply gas in volumes and at prices set in earlier contracts.