The new mechanism provides payment guarantees for Moscow, Foreign Minister Sergey Lavrov says Russia’s decision to change the payment mechanism for natural gas exports to its domestic currency is “obvious and understandable” in light of Western sanctions, which have frozen half of Russia’s foreign assets, Foreign Minister Sergey Lavrov said in an interview with India Today on Tuesday. According to Russia’s top diplomat, Western buyers will no longer be able to pay for gas using Gazprom’s bank accounts abroad, which can be easily frozen by sanctions. Instead, “they will pay through Gazprombank, an independent insti
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