HomeMediaMedia PublicationsAnalyticsCurrency compromise: how Russia will trade gas for rubles

Currency compromise: how Russia will trade gas for rubles

04 April 2022

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

Forbes published a column by Marcel Salikhov, President of the Institute for Energy and Finance Foundation, on the topic: “Currency Compromise: How Russia Will Trade Gas for Rubles”.

The gas war between Russia and Europe is canceled for the time being, Marcel Salikhov, president of the Institute for Energy and Finance, believes. The payment scheme proposed by Moscow for gas, on the one hand, allows European countries not to change the currency of the contract, and on the other hand, reduces sanctions risks for Gazprom and Gazprombank.

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