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Russia transfers payments for gas into rubles – Putin instructed to transfer accounts until March 31

Russian President Vladimir Putin instructed the governments, the Central Bank of Russia and Gazprom to transfer payments for gas into rubles by March 31. At the same time, all contracts and volumes of deliveries remain unchanged.

It is noted that Gazprom’s current contracts will be amended regarding the currency of payment, replacing it with the ruble “while maintaining the supply volumes, prices and pricing principles established by the contracts.”

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