Putin says “unfriendly” countries should now pay for Russian natural gas in rubles

Russian President Russian President Vladimir PutinVladimir Vladimirovich Putin The Biden Administration Imposes Sanctions On Hundreds Of Russian Lawmakers: Tell President Biden, Your Administration Needs Your Help To Help The Ukrainians. He said Wednesday that Russia will insist that “unfriendly countries” pay for Russian natural gas exports in rubles only in the future, according to reports.

Putin told Russian government officials that a number of Western countries had taken “illegitimate decisions on the so-called freezing of Russian assets,” which crossed the line “on the reliability of their currencies” and undermined confidence in those currencies. And the Associated Press mentioned.

The Kremlin leader added that it “does not make sense” to supply Russian goods to the European Union and the United States and receive payments in euros, dollars and a number of other currencies.

He added that he is announcing measures to switch to payments for “our natural gas, which is supplied to the so-called unfriendly countries” in Russian rubles, the Russian news agency reported.

However, Russia will continue to supply natural gas in accordance with the quantities and prices specified in the previously concluded contracts, Reuters He added, citing Putin.

Russia supplies about 40 percent of Europe’s natural gas and has already threatened To withhold the natural gas it supplies to Europe in response to Western sanctions over Moscow’s invasion of Ukraine.

Reuters said Russia has released a list of so-called “unfriendly” countries, which includes the United States, the European Union, Britain, Japan, Canada, Norway, Singapore, South Korea, Switzerland and Ukraine.

Putin’s statement comes weeks after the European Union announced a plan to reduce its dependence on Russian natural gas by two-thirds this year, and to abandon Russian fossil fuels entirely by the end of the decade.

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put it in He is expected to attend the G20 summit in Bali, Indonesia, on Wednesday.

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