You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

European Energy Companies Agree to Pay for Russian Gas in Rubles

HeadlineApr 29, 2022

The German and Austrian energy companies Uniper and OMV say they’ve agreed to Russia’s demands that purchasers of Russian oil and gas open accounts in a Russian bank and pay in rubles. The Italian energy giant Eni is also reportedly in talks to make ruble payments for Russian gas. Earlier this week, the EU accused Russia of “blackmail” after it shut off gas supplies to Poland and Bulgaria, which had refused to pay in rubles. The Russian state-controlled firm Gazprom continues to supply Europe with about 40% of the natural gas it consumes.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top