Which EU countries have paid in Roubles for Russia's gas supply?

Russian gas was flowing to Europe on Friday (April 1) in spite of the deadline set by Russian President Vladimir Putin for foreign buyers to pay for Russian gas in roubles. This is Moscow's strongest threat in reaction to Western sanctions imposed in the aftermath of Ukraine invasion.

Putin signed an order setting a Friday deadline for buyers from “unfriendly” countries to pay for gas using roubles or be cut off, a demand Western customers have rejected as an attempt to rewrite contracts that call for payment in euros. Germany, the biggest buyer, called it “blackmail,” and had warned this week of a potential emergency if supplies were curtailed.

But there was no sign on Friday of an immediate interruption. Flows remained steady through two of the three main pipelines bringing Russian gas into Europe – Nord Stream 1 across the Baltic Sea, and into Slovakia over Ukraine.

Also Read | US warns against rising oil imports, New Delhi continues to buy Russian oil

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Flows through the other main route, the Yamal-Europe pipeline over Belarus, had reversed direction, now bringing gas from Germany to Poland, but this occurs occasionally and did not necessarily indicate a new policy.

Gazprom, Russia’s state-owned gas giant, said it was continuing to supply Europe via Ukraine in line with requests from consumers that were down only fractionally from Thursday.

A source had told Reuters that some contracts involved gas being delivered before payments were due, suggesting the taps might not be turned off immediately.

After failing to capture a single major Ukrainian city in five weeks of war, Russia says it has shifted its focus to the southeast, where it has backed separatists since 2014.

The area includes the port of Mariupol, scene of the war’s worst humanitarian emergency, where the United Nations believes thousands of people have died after more than a month under Russian siege and relentless bombardment.

(With inputs from agencies)

Russian gas was flowing to Europe on Friday (April 1) in spite of the deadline set by Russian President Vladimir Putin for foreign buyers to pay for Russian gas in roubles.

Russian gas was flowing to Europe on Friday (April 1) in spite of the deadline set by Russian President Vladimir Putin for foreign buyers to pay for Russian gas in roubles. This is Moscow's strongest threat in reaction to Western sanctions imposed in the aftermath of Ukraine invasion. Putin signed an order setting a Friday deadline for buyers from “unfriendly” countries to pay for gas using roubles or be cut off, a demand Western customers have rejected as an attempt to rewrite contracts that call for payment in euros. Germany, the biggest buyer, called it “blackmail,” and had warned this week of a potential emergency if supplies were curtailed. But there was no sign on Friday of an immediate interruption. Flows remained steady through two of the three main pipelines bringing Russian gas into Europe – Nord Stream 1 across the Baltic Sea, and into Slovakia over Ukraine. Also Read | US warns against rising oil imports, New Delhi continues to buy Russian oil × Flows through the other main route, the Yamal-Europe pipeline over Belarus, had reversed direction, now bringing gas from Germany to Poland, but this occurs occasionally and did not necessarily indicate a new policy. Gazprom, Russia’s state-owned gas giant, said it was continuing to supply Europe via Ukraine in line with requests from consumers that were down only fractionally from Thursday. A source had told Reuters that some contracts involved gas being delivered before payments were due, suggesting the taps might not be turned off immediately. After failing to capture a single major Ukrainian city in five weeks of war, Russia says it has shifted its focus to the southeast, where it has backed separatists since 2014. The area includes the port of Mariupol, scene of the war’s worst humanitarian emergency, where the United Nations believes thousands of people have died after more than a month under Russian siege and relentless bombardment. (With inputs from agencies)

Russian gas flows to Europe despite Putin's deadline of payment in roubles

Russia has a new demand- All foreign buyers must pay in Rouble for Russian gas this will be enforced from today, if the payments are not made the contracts will be halted.

Putin: Pay in roubles or we'll cut off your gas

Russian President Vladimir Putin said on Thursday (March 31) that foreign buyers must pay for Russian gas in Russian currency roubles from April 1. He said that contracts would be halted if these payments were not made.

"In order to purchase Russian natural gas, they must open rouble accounts in Russian banks. It is from these accounts that payments will be made for gas delivered starting from tomorrow," Putin said in televised remarks.

"If such payments are not made, we will consider this a default on the part of buyers, with all the ensuing consequences. Nobody sells us anything for free, and we are not going to do charity either - that is, existing contracts will be stopped."

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Europe is dependent on Russia for third of its natural gas supply. This gives Russia leverage to hit back against the Western sanctions imposed on Russia in the wake of Ukraine invasion.

His decision to enforce rouble payments has boosted the Russian currency, which fell to historic lows after Russia sent tens of thousands of troops into Ukraine on the Feb. 24 but has since recovered.

Western companies and governments have rejected the move as a breach of existing contracts, which are set in euros or dollars. France's economy minister said France and Germany were preparing for a possible scenario that Russian gas flows could be halted - something that would plunge Europe into a full-blown energy crisis.

An order signed by Putin set out a mechanism for buyers to transfer foreign currency to a special account at a Russian bank, which would then send roubles back to the foreign buyer to make payment for the gas.

He said the switch was meant to strengthen Russia's sovereignty, and it would stick to its obligations on all contracts.

Putin also said Western nations will try to find new grounds to sanction Russia, adding that his country must aim to retain jobs and to create new ones. The Russian president also said that the United States was profiting from the global turbulence, adding that of U.S. military complex companies were on the rise.

(With inputs from agencies)

Russian President Vladimir Putin said on Thursday (March 31) that foreign buyers must pay for Russian gas in Russian currency roubles from April 1. He said that contracts would be halted if these payments were not made.

Russian President Vladimir Putin said on Thursday (March 31) that foreign buyers must pay for Russian gas in Russian currency roubles from April 1. He said that contracts would be halted if these payments were not made. "In order to purchase Russian natural gas, they must open rouble accounts in Russian banks. It is from these accounts that payments will be made for gas delivered starting from tomorrow," Putin said in televised remarks. "If such payments are not made, we will consider this a default on the part of buyers, with all the ensuing consequences. Nobody sells us anything for free, and we are not going to do charity either - that is, existing contracts will be stopped." Also Read | Russia trying to reinforce offensive in Donbas; maintains pressure on Kyiv: NATO Europe is dependent on Russia for third of its natural gas supply. This gives Russia leverage to hit back against the Western sanctions imposed on Russia in the wake of Ukraine invasion. His decision to enforce rouble payments has boosted the Russian currency, which fell to historic lows after Russia sent tens of thousands of troops into Ukraine on the Feb. 24 but has since recovered. Western companies and governments have rejected the move as a breach of existing contracts, which are set in euros or dollars. France's economy minister said France and Germany were preparing for a possible scenario that Russian gas flows could be halted - something that would plunge Europe into a full-blown energy crisis. An order signed by Putin set out a mechanism for buyers to transfer foreign currency to a special account at a Russian bank, which would then send roubles back to the foreign buyer to make payment for the gas. He said the switch was meant to strengthen Russia's sovereignty, and it would stick to its obligations on all contracts. Putin also said Western nations will try to find new grounds to sanction Russia, adding that his country must aim to retain jobs and to create new ones. The Russian president also said that the United States was profiting from the global turbulence, adding that of U.S. military complex companies were on the rise. (With inputs from agencies)

Pay in roubles for Russian gas April 1 onwards, Putin tells foreign buyers

Amid sanctions on Russia, Germany sounded an "early warning" over gas supply signalling there could be a possible disruption due gas inflow&nbsp;from Putin's regime.

Germany's move comes as Russia announced it will not immediately require its natural gas buyers to pay in rubles after earlier announcing it will accept payments in its national currency.

<a href="https://www.wionews.com/photos/russias-tactical-nuclear-weapons-arsenal-will-putin-use-it-466893">Also Read in Pics:&nbsp;Russia's tactical nuclear weapons arsenal: Will Putin use it?</a>

Reports claim the central bank and Russia's Gazprom are expected to present the Russian president with a system to conduct business in rubles.

Kremlin spokesman Peskov said payment in Roubles needs to be "explored" even&nbsp;German regulators said the early warning was meant to avoid a deterioration of gas supply.

Watch:&nbsp;Russia turns to China amid isolation, Lavrov on first China visit since invasion

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The German minister warned of "high prices or certain restrictions" amid the gas supply warning.

The Biden administration had earlier banned the import of Russian oil and gas among other measures. The EU has however retained delivery of gas supplies. The EU reportedly received 40 per cent of its gas supplies from Russia last year.

Russia had insisted that payment should be made in rubles however the move was rejected by G7 ministers.

<a href="https://www.wionews.com/photos/history-of-urban-warfare-why-russia-will-find-it-difficult-to-conquer-kyiv-465932">Read:&nbsp;History of urban warfare &amp; why Russia will find it difficult to conquer Kyiv</a>

After talks between Russia and Ukraine, Europe's major stock markets jumped higher and the rouble soared by 10 per cent against the dollar and over one per cent versus the Euro.

(With inputs from Agencies)

Amid sanctions on Russia, Germany sounded an "early warning" over gas supply signalling there could be a possible disruption due gas inflow from Putin's regime. Germany's move comes as Russia announced it will not immediately require its natural gas buyers to pay in rubles after earlier announcing it will accept payments in its national currency.

Amid sanctions on Russia, Germany sounded an "early warning" over gas supply signalling there could be a possible disruption due gas inflow from Putin's regime. Germany's move comes as Russia announced it will not immediately require its natural gas buyers to pay in rubles after earlier announcing it will accept payments in its national currency. Also Read in Pics: Russia's tactical nuclear weapons arsenal: Will Putin use it? Reports claim the central bank and Russia's Gazprom are expected to present the Russian president with a system to conduct business in rubles. Kremlin spokesman Peskov said payment in Roubles needs to be "explored" even German regulators said the early warning was meant to avoid a deterioration of gas supply. Watch: Russia turns to China amid isolation, Lavrov on first China visit since invasion The German minister warned of "high prices or certain restrictions" amid the gas supply warning. The Biden administration had earlier banned the import of Russian oil and gas among other measures. The EU has however retained delivery of gas supplies. The EU reportedly received 40 per cent of its gas supplies from Russia last year. Russia had insisted that payment should be made in rubles however the move was rejected by G7 ministers. Read: History of urban warfare & why Russia will find it difficult to conquer Kyiv After talks between Russia and Ukraine, Europe's major stock markets jumped higher and the rouble soared by 10 per cent against the dollar and over one per cent versus the Euro. (With inputs from Agencies)

Ukraine war: Germany sounds 'early warning' over Russian gas supply

Amid the Russia-Ukraine conflict, Russia has made it clear that the nation will accept gas payment in Roubles. However, sanctions on Russian oil and gas left Europe divided.

Putin asks EU to pay Roubles for gas, West remains divided on oil sanctions

Amid Russia-Ukraine conflict, Russia has made it clear that Russia will accept gas payment in Roubles. Putin said, "We won't accept compromised currencies".

Ukraine-Russia conflict: Putin says Russia to only take gas payments in Roubles

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