Site icon Revoi.in

Shell is unable to buy Russian gas due to London’s anti-Russian stance: Russia

SOCHI, RUSSIA - FEBRUARY 15, 2019: Russian Presidential Spokesman Dmitry Peskov watches as Russia's President Vladimir Putin and Belarus' President Alexander Lukashenko play ice hockey at Shayba Arena in Sochi's Olympic Park. Mikhail Metzel/TASS Ðîññèÿ. Ñî÷è. Ïðåññ-ñåêðåòàðü ïðåçèäåíòà ÐÔ Äìèòðèé Ïåñêîâ íàáëþäàåò çà èãðîé â õîêêåé ñ ó÷àñòèåì ïðåçèäåíòà Ðîññèè Âëàäèìèðà Ïóòèíà è ïðåçèäåíòà Áåëîðóññèè Àëåêñàíäðà Ëóêàøåíêî íà ëåäîâîé àðåíå "Øàéáà". Ìèõàèë Ìåòöåëü/ÒÀÑÑ

Social Share

New Delhi: Shell’s inability to buy Russian gas is a side effect of London’s anti-Russian policies, Kremlin spokesman Dmitry Peskov has told Media.

“London wants to be the leader of everything anti-Russian. It even wants to be ahead of Washington in this matter. Well, here are the side effects,” Peskov said, commenting on the fact that, in contrast with other EU countries, the United Kingdom imposed sanctions on Gazprom bank and is now unable to pay for Russian gas, even in rubles.

A well-known media on Friday reported that Shell will most likely be unable to pay for Russian gas this month because the United Kingdom has imposed sanctions on Gazprom bank.

Last week Russian President Vladimir Putin requested moving payments for gas supplies to unfriendly countries to rubles, saying that Moscow would refuse to accept payments on such contracts in discredited currencies, including dollars and euros.

Vladimir Putin also tasked the government with giving Gazprom an instruction on amending present contracts. On March 31, Putin signed a decree on rules of gas trade with unfriendly countries, which stipulates a new system of contract payment.

The new procedure of payment for Russian pipeline gas in rubles by buyers from unfriendly countries came into force on April 1. Such buyers are required to open special Ruble and foreign currency accounts with Gazprom bank to pay for gas supplies. Currency conversion will be carried out on Russian exchanges. In case of incomplete payment, Russian customs is authorized to ban deliveries. The government commission for the control of foreign investment in Russia has the right to issue exceptions to these rules for individual buyers.

(Vinayak)