Claim: European Union Energy Firms to Pay for Gas in Roubles

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Claim: European Union Energy Firms to Pay for Gas in Roubles
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Major energy firms in Italy, Germany and elsewhere in Europe are allegedly preparing to open accounts in Russian roubles in order to pay for Russian gas in a scheme that may sidestep sanctions.

“We consider a payment conversion compliant with sanctions law and the Russian decree to be possible,” a spokesman for the company said this week.

“For our company and for Germany as a whole, it is not possible to do without Russian gas in the short term; this would have dramatic consequences for our economy,” the spokesman added. RWE, Germany’s largest energy supplier, has yet to comment on whether it will also be opening a rouble account with Gazprombank.without violating sanctions, leading some to speculate that it will also be using the Gazprombank scheme to make future purchases.on Thursday, claiming that companies who do purchase Russian gas in roubles may face legal actions.

“If we see that this is not the case, there is also a possibility for the European Commission to start infringement procedures in this regard,” he added.

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