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Article

20 May 2022

Author:
Stephen Jewkes,
Author:
Markus Wacket, Reuters

Germany & Italy allegedly allowed companies to pay for Russian gas in roubles after discussions with EU

Germany and Italy approved Russian gas payments after nod from Brussels - sources, 20 May 2022

Germany and Italy told companies they could open rouble accounts to keep buying Russian gas without breaching sanctions against Moscow following discussions with the European Union, sources said...

Poland, Bulgaria and Finland have refused to comply with Moscow's demand that importers pay for gas via rouble accounts with Gazprombank and their supplies have been cut.

Other member states, however, have been unwilling to steer companies towards action that could result in losing vital supplies of Russian gas that heats homes and powers factories.

Brussels has given two sets of written guidance on how to buy Russian gas without breaching sanctions, but the legal route remains foggy as EU officials also advised firms in a closed-door meeting not to open rouble accounts with Gazprombank...

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