Rubles-for-gas scheme does not undermine sanctions – German energy major ...News

Uniper says the payment switch is possible German energy firm Uniper is admitting to the possibility of paying for Russian gas in rubles, Tiina Tuomela, the company’s financial director said during a teleconference on Wednesday. “To date, the flow of Russian gas under our existing long-term contract remains untouched. We are in ongoing discussions with Gazprom regarding the implementation of the Russian decree on payment in rubles, given the statements of the European Commission on sanctions,” she said, as cited by TASS. According to Tuomela, the new ruble-based gas payment mechanism does not undermine sanctions,

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