HomeMediaLatest NewsWhy is it profitable for Gazprom to sell gas for rubles

Why is it profitable for Gazprom to sell gas for rubles

30 March 2022

Salikhov Marcel R. President, Principal Director on Economic Studies, Head of the Economic Department
Тип: Interviews

Marcel Salikhov, President of the Institute for Energy and Finance, gave an interview to the Internet portal Pravda.Ru about the settlements of foreign companies with Russia for gas in rubles.

Are foreign companies ready to make all settlements with Russia for gas only in rubles, and is it true that, contrary to the loud statements of its own politicians, the European Union has only increased purchases of Russian gas in recent years, Marcel Salikhov told the Internet portal Pravda.Ru.

Marcel Robertovich, what will be the reaction of unfriendly countries to the statement of our president that gas payments will now be made in rubles? How will this affect the global economy?

— There are many different consequences of this decision, both positive for the Russian economy and risky. From the positive that can be noted? Switching to ruble settlements reduces the risks for Gazprom, because foreign currency funds may be blocked as a result of new sanctions. In addition, the ruble has strengthened.

You will receive notifications about the release of new materials on the site. We do not share email addresses with third parties and do not spam.
Thank you!
Your application is accepted.