Payments for Russian Gas Export to be Made in Accordance with Russian Federation Rules

Source: www.gulfoilandgas.com 4/1/2022, Location: Asia

On March 31, Executive Order of the President of the Russian Federation No. 172 “On the Special Procedure to Allow Foreign Buyers to Meet their Commitments to Russian Natural Gas Suppliers” was signed.

Pursuant to the document, payments for Russian pipeline gas that will be supplied after April 1, 2022, to the foreign counterparties specified in the Executive Order shall be made exclusively in Russian rubles.

Gazprom as a Russian company complies with the requirements of Russian legislation unconditionally and to the full extent. Notifications on the new procedure of payment in Russian rubles are being officially sent to counterparties.

As a responsible partner, Gazprom continues to provide reliable gas exports to consumers.


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