Ukraine War: Putin demands payment in roubles for Russian gas supplies

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The Russian President has said, from tomorrow, countries buying gas from Russia must pay in roubles or their contracts will not be honoured.

In a televised statement Vladimir Putin said he had signed a decree to that effect, adding that the switch to roubles was designed to "strengthen our sovereignty".

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The only thing that surprises me about this news is that Putin waited this long.

suttercane
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"They pay in EUR and freeze it later, so what is the point of giving free gas", he is 100% correct about this.

renukaperera
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Everyone in Europe get your phone's charged now lol 😂 It's your last chance 👍👍👍

stableianForacle
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What about some sugar or toilet paper? Seems like Russia will run out soon 🤣🤣

argh
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As much as I dislike the guy, he makes a hell of a lot of sense. We essentially blocked their economy almost entirely by imposing sanctions. Now, we expect them to accept Euros or Dollars which are virtually useless to them as most accounts will be frozen and unable to trade with the West so they would only accept rubles to trade internally. The irony of this is that sanctions have been portraited as a punishment for Russia whereas they will also take a massive toll on Western economies due to their reliance on Russian natural resources. Very dark times ahead.

paolooo
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This was inevitable. Anyone in his position would’ve done the same thing under the current situation.

babushka
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European don't have to worry about anything, US is going to help 🤣🤣🤣🤣🤣

nikolamitrovic
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He should of said "Pay me in Gold"

alanheath
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Mr Putin if I pay in Roubles can I have a fixed tariff for 18 months?

grahamjordan
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The west gave him no choice because they wanted this outcome

Gottaloveguitars
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In RUBLES, or Europe goes into TROUBLE

jamiegaerlan
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2:44 putin "We are serious about our reputation." Ok now I'm convinced that his inner circle is keeping information from him.

Graybeard_
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“We will honour our commitments” 😂😂😂😂 Literally promise after promise broken.

pixel
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Germany is opening a Ruble account in Gazprom Bank, they pay in Euro's and will be converted to Rubles.
In other words, Germany is buying Rubles. which leads to a stronger Rubles.

In the past, payment of the gas stays in European bank as Russian foreign Reserves, but it has been frozen. So if Russia accept it as foreign reserves and cant get the money.. its like giving free gas to whole Europe.

crumcon
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Keep your rubbles and gas... people will finally realising, and found another source.... bye bye 👋

PITRIS
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If Europe wants to pay virtually with the freezed euro currency, Gazprom must deliver the same freezed virtual gas.

mauretteeric
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Was an obvious thing dunno why European Union acts all shocked that should have being expected by eu before sanctions

artsiommikhalap
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Uh oh. The yanks won’t like that. I seem to remember a few chaps in the Middle East wanting something similar.?

smellyfinger
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I knew it was going to this, every idiot could have predicted it since 24 February

TheMrExemplar
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the accounts were not frozen it was a special finance operation

jaysdirtymusic