February 24, 2024

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Russia’s Gazprom Signs Natural Gas Deal With China To Pay In Rubles And Yuan

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Russia's Gazprom Signs Natural Gas Deal With China To Pay In Rubles And Yuan

Gazprom’s Amur gas processing plant. Gazprom

 

Moscow Moments/AFP: Gazprom Suggests China Will Pay For Russian Gasoline in Rubles, Yuan  

Russian fuel huge Gazprom stated Tuesday that China will start off paying for Russian gas in rubles and yuan as an alternative of Western currency, as Moscow seeks closer ties with Beijing in the wake of financial sanctions in excess of the Kremlin’s war in Ukraine. 

“A transition was made to creating payments for Russian gasoline supplies to China in the national currencies of the nations — the ruble and yuan,” Gazprom claimed in a assertion following a video meeting assembly with Chinese oil group CNPC. 

“The new payment mechanism is a mutually helpful, timely, reliable and realistic resolution,” Gazprom head Alexei Miller reported.

Miller added that the new actions will “simplify calculations” and “come to be an great example for other organizations.”

 

Read through additional ….

 

WNU Editor: Russia’s Gazprom is benefiting from these offers …. Gazprom Shares Soar 30% on Report Profit, Dividend Assure (Moscow Moments). 

Russia’s Gazprom Indications Normal Fuel Offer With China To Spend In Rubles And Yuan

 

Gazprom to Shift Gas Income to China to Rubles, Yuan From Euro — Bloomberg
 

PetroChina indications gasoline agreement with Russia’s Gazprom — Reuters
 

Russia suggests China will get started spending for fuel in rubles and yuan — CNN
 

Russia’s Gazprom indicators gasoline deal with China to convert payments to ruble, yuan — FOX News 

China agrees to fork out for Russian gas in roubles and yuan: Gazprom — Al Jazeera

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