G7 refuses to pay for Russian gas in rubles - 03/28/2022 at 15:08

G7 refuses to pay for Russian gas in rubles – 03/28/2022 at 15:08

G7 refuses to pay Russian gas in rubles

BERLIN (Reuters) – Germany’s energy minister said on Monday that G7 energy ministers had rejected Russian President Vladimir Putin’s demand to pay a ruble for Russian gas sold by Moscow to “unfriendly” countries. The Group of Seven Most Industrialized Countries.

“All the G7 ministers agreed that this was a clear unilateral violation of existing contracts,” he said after a video meeting.

“They reiterated once again that the concluded contracts are valid and that companies must respect them (…) Payment in rubles is not acceptable and we call on the companies concerned not to comply with Putin’s request,” he added.

Putin’s attempt to divide us is obvious, but as you can see from this great unity and determination, we will not allow ourselves to be divided.

A while ago, the Kremlin said it was studying ways to accept payment for its natural gas exports in rubles, adding that it would react if its European customers refused to use the national currency.

(Reporting by Joseph Nasr and Paul Carrell, French version by Marc Angrand)

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