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EUR/Ruble exchange rate. On 23 March 2022, Russian President Vladimir Putin announced payments for Russian pipeline gas would be switched from "currencies that had been compromised" (that is, US dollar and euro) to payments in roubles when the transaction involved a country formally designated "unfriendly" previously, which included all European Union states; on 28 March, he ordered the ...
Ukraine has repeatedly said it would not continue a gas transit deal with Russia as the two countries are at war. Slovakia, which has a long-term contract with Russian oil giant Gazprom, has been ...
European gas imports from Russia in 2021, with breakdowns. Russia supplies a significant volume of fossil fuels to other European countries. In 2021, it was the largest exporter of oil and natural gas to the European Union, (90%) [1] [2] and 40% of gas consumed in the EU came from Russia. [3] [4]
Following is the full text of President Vladimir Putin's decree on selling gas for roubles. b) the further supply of natural gas by a Russian supplier to foreign persons named in paragraphs two ...
The headquarters of Russia's Nord Stream 2 pipeline project linking Russia with Germany are in Switzerland. Nord Stream 2 AG filed for bankruptcy on 1 March 2022 and laid off all 106 employees in Zug. [61] [52] [62] Gas makes up roughly 15% of Switzerland's final energy consumption. Around half of this comes from Russia (via Germany). [63]
President Vladimir Putin said on Wednesday Russia was not using gas as a weapon and was ready to help ease Europe's energy crunch as the EU called an emergency summit to tackle skyrocketing prices.
Reacting to the rounds of 2022 E.U. sanctions on Russia, established shortly after the beginning of the invasion, in February and March 2022, President Vladimir Putin announced on 23 March 2022, [170] that payments for Russian pipeline gas would be switched from "the currencies that had been compromised" (US dollar and euro) to payments in ...
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