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Gas deliveries: Commission clarifies conditions for ruble payments

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Published: April 29th, 2022,
Last updated: December 21st, 2022

The European Commission has clarified rules on ruble payments for gas deliveries demanded by Russia. Companies that opened bank accounts in Russia as demanded by Moscow and continued to pay for deliveries in euros would not violate EU sanctions against Russia, EU Commission officials said Thursday. „What the Russians do with the money afterwards is up to them,“ one official said.

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Energy Finance Natural gas European policy