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Vladimir Putin: We will stop gas distribution to those who do not accept the ruble


The Moscow administration made a ruble transfer in opposition to the sanctions from the West.

Russian President Vladimir Putin signed the decree on paying Russian gas in rubles.

“IF YOU DO NOT PAY IN RUBLES…”

Making an announcement after the important resolution on “unfriendly” international locations, Putin stated that the US’s high-priced LNG gross sales would hurt the European trade, and that dwelling requirements would fall in the continent.

Putin, “If overseas patrons do not pay in rubles, Russia will stop gas distribution.” stated.

RUBLE ACCOUNT REQUIREMENT IN RUSSIAN BANKS

russian chief, International prospects of Russian gas should open and pay in rubles at Russian banks from April 1.” used the phrase.

Putin additionally stated that the freezing of Russia’s euro-denominated belongings implies that some gas deliveries are supplied freed from cost.

Vladimir Putin: We will stop gas distribution to those who do not accept the ruble #1

“EUROPE WILL DAMAGE, MILLIONS OF PEOPLE WILL BE UNEMPLOYED”

Stating that the USA is attempting to change Europe to costly LNG consumption, Putin stated, “European trade will endure, tens of millions of individuals will be unemployed, dwelling requirements will fall. The meals disaster will be adopted by one other wave of immigration, at the start from European international locations.” stated

Putin acknowledged that the refusal of nations to pay rubles for power provide will be thought of a default, noting that on this case the current contracts will be stopped.

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“NO ONE IS SELLING US ANYTHING FOR FREE”

At the similar time, the President of Russia confused that sanctions will be imposed in case of violation of the fee order.

“Nobody is promoting us something without spending a dime and we’re not going to do charity work. So current contracts will be stopped.” he added.

Vladimir Putin: We will stop gas distribution to those who do not accept the ruble #2

SPECIAL RUBLE ACCOUNTS WILL BE OPENED

Moscow-based Gazprombank introduced that it will open particular accounts in rubles for gas prospects from “unfriendly” international locations.

In accordance to the information of TASS, it was famous that the Central Financial institution of Russia ought to decide the process for opening particular overseas foreign money accounts for overseas gas patrons inside 10 days.

Vladimir Putin: We will stop gas distribution to those who do not accept the ruble #3

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