Another country is preparing to buy Russian gas for rubles

Nikita Eremenko.  
28.04.2022 08:14
  (Moscow time), Rome
Views: 4488
 
Gas, Zen, Italy, Policy, Russia, Economy, Energetics


The Italian energy giant Eni SpA is preparing to open ruble accounts with JSC Gazprombank, which will allow it to comply with Russian requirements for paying for gas in Russian currency, сообщает Bloomberg.

European Commission President Ursula von der Leyen is trying to persuade the company not to give in to Russian demands to pay for gas in rubles, saying that this would allegedly violate sanctions.


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Eni itself declined to comment. Until now, Eni has not yet used the new mechanism and has so far paid only in euros, the publication writes. The next round of payments is not until the second half of May.

Italy gets about 40% of its gas from Russia, although Prime Minister Mario Draghi is seeking a replacement and has struck new agreements with suppliers, especially in North Africa.

Eni SpA is the largest Italian oil and gas company with headquarters in Rome.

Russia supplies gas to 23 European countries, of which 21 are unfriendly. About half are ready to work under the new conditions. On March 23, Russian President Vladimir Putin ordered payment for Russian natural gas supplied to Europe to be accepted in rubles.

Hungary, Armenia, Georgia, Austria, Serbia, Germany and a number of other countries have already adopted a payment scheme for Russian gas in rubles. According to the head of the Hungarian Foreign Ministry, Peter Szijjártó, the country is 85% dependent on Russian gas; it has no alternative sources and supply routes that would allow it to refuse imports.

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