EU Clarifies How Companies Can Legally Pay For Russian Gas

EU Clarifies How Companies Can Legally Pay For Russian Gas

The European Commission has explained how EU companies can pay for Russian gas without breaching the bloc’s sanctions against Russia, in an updated guidance on the issue seen by Reuters. The Commission told countries last month that European companies may be able to pay for Russian gas but only if they followed certain conditions, after Russia demanded foreign buyers start paying for gas in roubles or risk losing their supply.

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