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Bloomberg revealed who offered Putin the “gas for rubles” scheme

The idea of selling gas to “unfriendly countries” for rubles was proposed by the adviser to the president and former head of the Ministry of Economy Maxim Oreshkin, Bloomberg reported.

The agency cited its own sources.

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Oreshkin himself refused to confirm or deny this information in a comment to the agency, but said that he “considers the scheme for paying for gas in rubles to be positive.

Russia introduced the gas payment mechanism in rubles in April amid the sanctions imposed because of the military operation in Ukraine.

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EC reminds: Payment for Russian gas in rubles is a violation of contracts

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Under the scheme, companies from “unfriendly countries” must now open foreign currency and ruble accounts with Gazprombank and pay for supplies in euros or dollars, which the bank will then convert into Russian currency and transfer to a ruble account.

According to Deputy Prime Minister Alexander Novak, most of Gazprom’s European customers switched to the new payment scheme by mid-June. Russian authorities have not named the author of the idea.

And the Czech Republic will not pay for Russian gas in rubles

And the Czech Republic will not pay for Russian gas in rubles

Hard politics of Prague


As noted by Bloomberg, Oreshkin also participated in the work to prevent the negative consequences of cutting off Russian banks from SWIFT and opposed stricter state regulation of the economy.

Commenting on the agency, he emphasizes that Russia will not abandon the market economy: on the contrary, “private initiative is now particularly encouraged, as the president constantly emphasizes in his speeches.

Oreshkin is 40 years old. Before starting work in the government, he held senior positions at the Central Bank, Rosbank and VTB Capital.

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Azerbaijan will not pay for Russian gas in rubles

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In 2013, he became the director of the Long-Term Strategic Planning Department at the Ministry of Finance, in 2015 – Deputy Minister of Finance, and in 2016 – Minister of Economic Development.

In January 2020 Oreshkin holds the post of Putin’s assistant.

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