Russia vetoes Shell gas sales in retaliation against the UK

Moscow, Tass – Kremlin spokesman Dmitry Peskov told TASS that Shell’s inability to buy Russian gas is a side effect of London’s anti-Russian policies.

London wants to be the leader of everything anti-Russian, but rather wants to be ahead of Washington [neste assunto]. Well, here are the side effects,” Peskov said, commenting on the fact that the UK, unlike other countries, imposed sanctions on Gazprombank and is now unable to pay for Russian gas, even in rubles.

Bloomberg reported on Friday that Shell is unlikely to be able to pay for Russian gas this month because the United Kingdom has imposed sanctions on Gazprombank.

Last week, Russian President Vladimir Putin demanded that payments for gas supplies be transferred to countries hostile to the ruble, saying that Moscow would refuse to accept payments for such contracts in discredited currencies, including dollars and euros. He also instructed the government to give “Gazprom” instructions on how to amend existing contracts. On March 31, Putin signed a decree on the rules for gas trade with hostile countries, which provides for a new system for the payment of contracts.

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The new procedure for paying buyers from countries hostile to Russian gas in rubles for pipelines took effect on April 1. Such buyers are required to open special accounts in rubles and foreign currencies in Gazprombank to pay for gas supplies. Currencies will be converted on Russian stock exchanges. In case of incomplete payment, Russian customs are allowed to block deliveries. The State Committee for the Control of Foreign Investment in Russia has the right to issue exceptions to these rules for individual buyers.

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