European energy group circumvents sanctions to pay for Russian gas

Lan Ha DNUM_CIZAEZCACC 18:03

(Baonghean.vn) - The Financial Times (FT) quoted informed sources on April 28 saying that gas distributors in Germany, Austria, Slovakia and Hungary are preparing to open ruble accounts with Gazprombank to pay for gas contracts with Russia.

According to the publication, among the companies that decided to circumvent sanctions against Moscow are the two largest European importers, Germany's Uniper and Austria's OMV Group. Negotiations between European buyers and Gazprom are more active as the payment deadline approaches.

Gas is a vibrant market in Europe. Illustration photo

“OMV said it had considered Gazprom’s request for payment methods due to EU sanctions and was working on a solution that would comply with the sanctions,” the FT said.

Brussels was forced to admit that any step by the EU to impose sanctions on Gazprombank could jeopardize the entire current Russian gas payment mechanism and this would lead to a catastrophic interruption of supplies to the EU./.

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European energy group circumvents sanctions to pay for Russian gas
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