The European Commission has confirmed how European Union companies can pay for Russian gas without breaching the bloc’s sanctions against Russia, in updated guidance on the issue seen by Reuters.
In updated guidance, shared with EU countries on Friday and seen by Reuters, the Commission confirmed its previous advice that EU sanctions do not prevent companies from opening an account at a designated bank, and companies can pay for Russian gas - so long as they do so in the currency agreed in their existing contracts and declare the transaction completed when that currency is paid.
Russia cut gas supply to Poland and Bulgaria last month for refusing to comply with its rouble payment demand. Several EU governments and large importers have sought more clarity from Brussels on whether they can keep buying gas, which heats homes, produces electricity, and powers factories across Europe.
It should be understood that “such payments in that currency discharge definitively the economic operator from the payment obligations under those contracts, without any further actions from their side as regards the payment,” it said.
People are dying, but they prefer to look for loop holes. Evil, simply evil.
. fix the photo in the article. The article is talking about NATURAL GAS, not GASOLINE.