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Finland Rejects 'Rubble Payment' - Foreign Affairs - Nairaland

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Finland Rejects 'Rubble Payment' by Osariemen12: 10:41pm On Apr 27, 2022
Poland and Bulgaria have also rejected the ruble-based payment scheme.

Helsinki has rejected Moscow’s ruble-based payment scheme for gas, the local media reported on Wednesday. Russia imposed the payment mechanism last month on countries that have placed sanctions on Russia but continue to import its gas.

“We have made the decision in the government’s economic policy committee that Finland will not agree to ruble payments. The decision was already made at the beginning of April,” Finland’s Minister for European Affairs and Ownership Steering Tytti Tuppurainen told the Helsingin Sanomat newspaper. She said that it could be seen as blackmail and part of “Russia's geopolitical efforts.”

Russia has denied using natural gas exports as a tool to “blackmail” Europe, a charge also leveled by European Commission President Ursula von der Leyen.

“Russia has been and remains a reliable supplier, committed to its obligations” and the new terms for exporting the gas were “caused by unprecedented hostile steps against us,” Kremlin spokesman Dmitry Peskov said on Wednesday.

Under the ruble-based mechanism, gas buyers are required to set up ruble accounts with Gazprombank. They are allowed to make payments in their currency of choice, but their payments will be converted into rubles to reach the gas provider through this account.

Russian fuel giant Gazprom sent a letter to their Finnish state-owned counterpart, Gasum, at the beginning of April informing them of the new terms of their deal. Gasum is conducting a legal assessment of its situation and considering a response, Helsingin Sanomat reports.

Finland is working on renouncing Russian natural gas, but “companies are responsible for their own operational business decisions,” Tuppurainen said.

She added that if the goal of divestment was to stop indirectly “funding” Russia’s military operation, then Finland should “avoid a situation where we have to pay for breaches of contract.”

Meanwhile, Hungary, Austria, and Germany have accepted the ruble-based payment mechanism. Austrian Chancellor Karl Nehammer announced on Wednesday that Vienna had found the new scheme to be “in line with the terms of the sanctions” leveled on Moscow.

In total, Russia supplies pipeline gas to 23 European countries.

Source: https://www.rt.com/business/554624-eu-state-russia-gas/

1 Like

Re: Finland Rejects 'Rubble Payment' by Lawalemi(m): 10:49pm On Apr 27, 2022
Putin will fail at the end

3 Likes

Re: Finland Rejects 'Rubble Payment' by PDJT: 11:17pm On Apr 27, 2022
- I can't wait for winter...roll on December, January and February. grin

1 Like 1 Share

Re: Finland Rejects 'Rubble Payment' by ThEGodFaThEr132: 11:22pm On Apr 27, 2022
I trust the Finnish people. They will never back down to Putin and Russia.

4 Likes

Re: Finland Rejects 'Rubble Payment' by Kingspin(m): 11:23pm On Apr 27, 2022
From my little knowledge of what is going on in the world, I have never believed in Russia, especially under Putin.
I wonder how the EU could be this unwise with Putin's considering his inconsistency in the past.
(Gas) EU and other nations should have foreseen today.

Now, Russia knows he is losing the war in Ukraine, so he is fighting dirty.

2 Likes 1 Share

Re: Finland Rejects 'Rubble Payment' by moyoz(m): 11:28pm On Apr 27, 2022
Nah winter’s go reset dere brain
Re: Finland Rejects 'Rubble Payment' by Osariemen12: 11:59pm On Apr 27, 2022
moyoz:
Nah winter’s go reset dere brain


You think so?

1 Like

Re: Finland Rejects 'Rubble Payment' by topboss1: 12:21am On Apr 28, 2022
ThEGodFaThEr132:
I trust the Finnish people. They will never back down to Putin and Russia.


IS IT WISE TO BE PLAYING WITH FIRE?



THIS GENERATION, SHOULD BE WISE?
Re: Finland Rejects 'Rubble Payment' by Elvictor: 7:03am On Apr 28, 2022
grin grin grin

Keep bragging, ona contract dey expire next week, hope you will not come and shout that Putin is blackmailing Finland and Sweden

2 Likes 1 Share

Re: Finland Rejects 'Rubble Payment' by seunny4lif(m): 10:36am On Apr 28, 2022
ThEGodFaThEr132:
I trust the Finnish people. They will never back down to Putin and Russia.
I like how many of you talk about country you have no idea about.
Finland is going to summer now but let Sept comes if Finland don’t have a solution by then, then you will know maybe they will pay or not.

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Re: Finland Rejects 'Rubble Payment' by ThEGodFaThEr132: 10:39am On Apr 28, 2022
seunny4lif:

I like how many of you talk about country you have no idea about.
Finland is going to summer now but let Sept comes if Finland don’t have a solution by then, then you will know maybe they will pay or not.
And who told you I don't know anything about Finland?
So you think the Finnish govt are stupid and don't know what they are doing?

1 Like

Re: Finland Rejects 'Rubble Payment' by seunny4lif(m): 10:39am On Apr 28, 2022
PDJT:
- I can't wait for winter...roll on December, January and February. grin
Winter start early in Finland depending on the area
Re: Finland Rejects 'Rubble Payment' by Elvictor: 10:40am On Apr 28, 2022
ThEGodFaThEr132:

And who told you I don't know anything about Finland?
So you think the Finnish govt are stupid and don't know what they are doing?

They have very stupid female leading idiots to their doom, I can give you facts to prove so, if you are doubting me.
Re: Finland Rejects 'Rubble Payment' by seunny4lif(m): 10:42am On Apr 28, 2022
ThEGodFaThEr132:

And who told you I don't know anything about Finland?
So you think the Finnish govt are stupid and don't know what they are doing?
No be fight
If you know about Finland then you wouldn’t typed what you mention up there.
Finland and few Europe countries get to winter season faster than any South Europe
Re: Finland Rejects 'Rubble Payment' by sanpipita(m): 12:07pm On Apr 28, 2022
Why are people bothering themselves with countries they are already waning their reliance on Russian oil, most have their contract with Russia ending this year and they don't plan renewing

1 Like

Re: Finland Rejects 'Rubble Payment' by ken6488(m): 5:47pm On Apr 28, 2022
grin Like eu is crying of blackmail
sanpipita:
Why are people bothering themselves with countries they are already waning their reliance on Russian oil, most have their contract with Russia ending this year and they don't plan renewing

1 Like

Re: Finland Rejects 'Rubble Payment' by Nobody: 8:54pm On Apr 28, 2022
Who is Finland when Germany is buying? Worse case, it will run to Germany to buy same gas from reverse still enriching Russia and propping up the ruble. Grandstand in the media, lobby behind.

1 Like

Re: Finland Rejects 'Rubble Payment' by seunny4lif(m): 9:26pm On Apr 28, 2022
Latvians will pay 250 euros for heating a one-room apartment, and after the complete shutdown of gas, it will reach 500 euros while in Dublin it’s already X2 for 2 bedroom with all the government subsidy.

3 Likes

Re: Finland Rejects 'Rubble Payment' by tamdun: 12:35pm On Apr 29, 2022
Kingspin:
From my little knowledge of what is going on in the world, I have never believed in Russia, especially under Putin.
I wonder how the EU could be this unwise with Putin's considering his inconsistency in the past.
(Gas) EU and other nations should have foreseen today.

Now, Russia knows he is losing the war in Ukraine, so he is fighting dirty.
And those that stole ordinary citizens properties are not fighting dirty

1 Like

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