Transition to ruble for gas payments will be gradual – Kremlin ...News

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Transition to ruble for gas payments will be gradual – Kremlin
Importers of Russian gas will be allowed time to switch the settlement method Kremlin spokesman Dmitry Peskov said the process of switching to ruble payments for Russian gas export deliveries will take time and won’t begin immediately this week, despite the March 31 deadline set by presidential order. “This process is more drawn out in time for technical reasons,” he told reporters, adding that importers will be allowed time to adjust. Earlier this week, Russian President Vladimir Putin ordered the government to take necessary steps to switch all payments for Russian natural gas from “unfriendly” importers to the

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