Gazprom's recently concluded agreements already provide for payment in rubles

19

The statement of Russian President Vladimir Putin on the transfer of unfriendly countries to pay for consumed oil and gas in rubles strengthened the national currency. But for the foreign partners of Gazprom, the decision of the leadership of the Russian Federation came as a complete surprise, since there is no such clause in the agreements concluded long ago (the procedure itself is not defined), in contrast to the recently signed multicurrency agreements, which initially contained the possibility of settlements also in rubles.

In most Western countries, they have so far remained silent about the unpleasant news. Non-acceptance as such was expressed in Italy and Austria. And in Germany, they said that they were "confused" by Putin's order. This is stated by the head of the association Zukunft Gas Tim Koehler. He did not undertake to predict the consequences of the current situation, as well as the way out of it.

There is no specific contractual framework, it is impossible to do something like that. However, no one has called us yet, and the contract does not provide for payments in rubles. Let's wait if someone will contact us

– says Alfred Stern, president of the Austrian OMV, in an interview with Puls24.



So far, the functionary cannot answer whether the company will continue to pay for the supplied gas in euros or will it still switch to rubles on Putin's decree.

Italy also expressed its disagreement with the new rules. The protest is that this state is going to continue to pay for fuel in European currency, although it does not know about the possible consequences.

It seems to me that you have to pay in euros, because payments in rubles would be a way to bypass the sanctions. So Italy will continue to pay for raw materials as usual

- said the representative of the Italian Prime Minister Francesco Javazzi.

And only for Moldova, Putin's decree is absolutely not terrible. The contract for the supply of natural gas, signed at the end of last year, initially provides for payment both in euros and in rubles.

Nothing has changed for Chisinau, since the agreement is designed for three currencies - the dollar, the euro and the ruble. There will be no consequences in relations with Gazprom

- said the Deputy Prime Minister of Moldova, Andrei Spinu, during a government meeting.

The difficulties of implementing Putin's decision are visible to the naked eye. The currency of fulfillment of contractual obligations is the main condition of the contract. It cannot be changed unilaterally, only by mutual agreement or, otherwise, the agreement may be terminated due to violation of its provisions. Each of the parties, Europe and Russia, is right in its own way, but in bilateral relations a compromise is always somewhere in the middle.
  • Operator of the Ukrainian GTS
Our news channels

Subscribe and stay up to date with the latest news and the most important events of the day.

19 comments
Information
Dear reader, to leave comments on the publication, you must sign in.
  1. +11
    24 March 2022 09: 03
    and the contract does not provide for payments in rubles.

    Theft of the Russian currency received for gas is also not provided. What now, to supply for free, if the EU governments refuse to work in dollars and euros and supply these currencies to Russia?

    The currency of fulfillment of contractual obligations is the main condition of the contract.

    If the West itself refuses to trade in the "currency of fulfillment of contractual obligations", then who is its doctor? Why was it necessary to steal Russian money for a gop-stop? Now Western gopniks are surprised - What about us?
  2. +10
    24 March 2022 09: 05
    The imposition of sanctions, the freezing of foreign currency accounts, the confiscation of property and accounts without a court decision are also not registered anywhere. Not in any contracts, treaties and WTO rules.

    The leaders of European countries have repeatedly declared their intention to "strangle the Russian economy" and cut it off from the world monetary system. For that fought for it and ran. Refusal to pay will mean the termination of deliveries. "Russia is not obliged to feed everyone" (quote). Plus the decision of the Saudis to sell oil for yuan. This is the end of the petrodollar. This is more terrible for the States than trading for rubles.
    Gas storages in Europe are 25% full, ahead of the summer season (global warming and air conditioning) and the process of filling storages.

    There is no war without loss. Now the main thing is not to give up and hold out for several months. I think, a maximum of six months (until autumn). Europe has the opportunity to get through this force majeure in a fairly simple way. Force Zelensky to sign a surrender (in any case, the patient is more likely dead than alive), lift the sanctions (due to the death of the patient - Ukraine) and return everything frozen and confiscated to the rightful owner. The first one can be done. The second and third points are unrealizable.

    They were given a week to think. I can only repeat Suvorov's ultimatum "24 hours for reflection - freedom, my first shot - captivity, assault - death."
  3. +8
    24 March 2022 09: 23
    There is a loophole in Putin's decision for Western countries. That's why he gave them a week. It's been said quite clearly.

    “I have decided to implement in the shortest possible time a set of measures to transfer payment, let's start with this, for our natural gas, delivered to so-called unfriendly countries, into Russian rubles. That is, refuse to use in such calculations all compromised currencies»

    Remove sanctions, leave the list of "unfriendly countries" and you will be happy.
  4. -5
    24 March 2022 09: 34
    The main thing is that it does not reach the Stockholm arbitration. And then, after all, especially stubborn ones compose lawsuits ...
    1. +7
      24 March 2022 10: 06
      Quote: Oleg_5
      The main thing is that it does not reach the Stockholm arbitration. And then, after all, especially stubborn ones compose lawsuits ...

      So what? All rules are broken, so big pile on this Stockholm Arbitration! We have the goods, their business is to accept or refuse our gas, which is like death for them ...
      1. 0
        24 March 2022 10: 29
        violated, BUT:
        similar arbitration is deeply .... on "all" rules
        it examines and decides on the breach of a specific contract
        1. +2
          24 March 2022 10: 38
          So what? Fine? In what currency? And after the tricks of this Stockholm arbitration (for example, with Poland), it is unlikely that Gazprom recorded this arbitration in fresh contracts as a means of resolving disputes.
          1. -4
            24 March 2022 10: 42
            Yes. Fine. In the currency that is stipulated by the contract.
            And, alas, we are not talking about fresh contracts (there are just all the rules, most likely). And about the old ones - "long-playing".
            1. +1
              24 March 2022 16: 03
              Blessed are those who believe .. Let's see what these idiots decide now at their NATO-EU gangway ..
              1. -1
                24 March 2022 16: 09
                well, they do believe it :)
                question in us
        2. 0
          24 March 2022 17: 21
          As I understand it, under the circumstances, the verdict of this arbitration for Russia will no longer be fundamental. Now the real confrontation begins - who will outlast whom. Either we are without money for gas or they are without gas
          1. +1
            24 March 2022 18: 29
            Quote: Vladimir Petroff
            As I understand it, under the circumstances, the verdict of this arbitration for Russia will no longer be fundamental. Now the real confrontation begins - who will outlast whom. Either we are without money for gas or they are without gas

            I just forgot when my colleagues from the Council of Europe answered - we got out of the word completely, and the Stockholm Arbitration is a structure of the CE .. So we don’t sneeze deeply at him ... By the way, Scholz has already squealed that we are violating contracts and they will, like, file in arbitration .... But in war as in war ..
            1. +1
              24 March 2022 19: 57
              Yes. Already squealed about violations of contracts. And Germans, and Italians, and Austrians.
              Maybe it was worth just saying tougher - yes, now in rubles And we don't give a fuck about contracts. Because war is like war.
              And so ..... somewhat ambiguous. We continue to fulfill the contract in terms of supplies, but we continue in terms of currency - this does not happen. You can't be a little pregnant.
              1. 0
                24 March 2022 20: 16
                Somewhat ambiguous! You didn't listen well to the Dark One, he gave them a week! Let them boil in their own pot .. The first response feeling is always rejection ..
                1. 0
                  24 March 2022 20: 18
                  We'll see :)
                  Of course I would like to hope.
        3. 0
          25 March 2022 12: 27
          Well, sneeze at such a decision!)))
  5. +1
    24 March 2022 12: 35
    Well, the West and the states have a good consultant in the person of the Independent, who will definitely advise not to buy Russian gas, but if it’s very cold, they will remind them of their own experience from freezing: Whoever doesn’t jump is a Muscovite ... fellow
  6. 0
    25 March 2022 12: 17
    For the information of Austria and Italy: "Putin does not say 2 times! Euros and Dollars have become" candy wrappers.
  7. x x
    0
    26 March 2022 00: 32
    And reducing the consumption of Russian gas by 30% by the end of 2022 is also a violation of the contract concluded until 2024. What is the principle, take or pay. Let your self-esteem score yourself deeper. The Gulf Stream will soon stop completely. Then the frost will have to be, as we have, in the Urals. They neither candles nor the seals are not enough to keep warm. Who does not jump, he froze.