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The European Commission denies knowledge of companies paying in rubles for Russian gas

The European Commission denies knowledge of companies paying in rubles for Russian gas

European Energy Commissioner Kadri Simsun said on Monday that the European Commission had no information that any European company had paid in rubles for Russian gas, after Moscow demanded that foreign buyers commit to a mechanism for converting payments from euros or dollars to rubles.

The European Energy Commissioner, upon his arrival to the EU energy ministers meeting In Brussels, he said, “The commission has no information on any country or private company that would like to do this.”

European Union energy ministers will hold emergency talks on Monday, as the bloc seeks to respond in unison to Moscow’s demand that European buyers pay for Russian gas in rubles or cut supplies.

Russia already halted gas supplies to Bulgaria and Poland last week, after they refused to meet its demands for payment in rubles. The two countries have already planned to stop using Russian gas this year, and say they can adapt. But that has raised fears that other EU countries, including Germany, Europe’s gas-dependent economic power, may be next.

It is noteworthy that “Bloomberg” agency had reported that 4 European buyers of Russian gas paid in rubles for the supplies, and also said that 10 European countries had opened accounts in Gazprom Bank to make payments in rubles.

The agency also quoted sources as saying that Russia’s Gazprom Bank had refused a ruble payment from a German trading company confiscated by Moscow.

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