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Hungary And Belarus Agree To Pay For Russian Gas In Rubles - Foreign Affairs - Nairaland

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Hungary And Belarus Agree To Pay For Russian Gas In Rubles by Appleyard(m): 3:50pm On Apr 06, 2022
Hungary has broken ranks with the European Union, saying it will accept Moscow's demand that gas supplies be paid for in rubles.

Prime Minister Viktor Orban, who has opposed any EU sanctions on Russian oil and gas or Western arms shipments through Hungarian territory to Ukraine, told journalists on April 6 that he had agreed with Russian President Vladimir Putin that if asked, Hungary would pay for gas shipments using the Russian currency.

Hungarian Foreign Minister Peter Szijjarto: "This is not our war, so we want to and will stay out of it."

In retaliation for Western sanctions imposed because of Russia's unprovoked invasion of Ukraine, Putin has warned Europe that it must pay for gas supplies in rubles or face a possible cut in supplies.

The EU has said it won't abide by Russia's demand as it is a breach of contract since payment was agreed upon in euros.

Earlier on April 6, Hungarian Foreign Minister Peter Szijjarto said gas contracts were between his country and Russia, and that the EU had "no role" to play in the deal.

EU countries rely on Russia for about one-third of the bloc's total gas supplies. It has yet to apply any sanctions on oil or gas from Russia, though European Council chief Charles Michel said on April 6 that measures on the sector will be needed "sooner or later."


https://www.rferl.org/a/hungary-russian-gas-rubles/31788899.html


Meanwhile:

Belarus, Moscow's longtime ally, agrees to pay for Russian gas and oil in rubles.

https://www.republicworld.com/world-news/russia-ukraine-crisis/belarus-moscows-longtime-ally-agrees-to-pay-for-russian-gas-and-oil-in-rubles-articleshow.html
Re: Hungary And Belarus Agree To Pay For Russian Gas In Rubles by MrBrownJay1(m): 3:50pm On Apr 06, 2022
small small, SENSE go enter their yeye brain.

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Re: Hungary And Belarus Agree To Pay For Russian Gas In Rubles by Appleyard(m): 3:57pm On Apr 06, 2022
Myd44: Lalasticlala

Food don done.

A great reset is about to happen globally, courtesy of the Russians and counter sanctions. If this trend scales through, it would mark the death of the petrol dollars as other nations would start following suit.

The Russians have said they won't stop just with oil and gas; they plan on taking it to all exported commodities, which include weapons sales, wheat sales, metals, and all other commodities sold by Russia. This is going to be a game changer. The US overplayed its hand this time, and have just sanctioned the place of the dollar as world reserve currency.

No wonder Obama had to to rush to the White House recently where he called Biden the "Vice President". grin They have already conclude plans to remove him.

Adieu petrol dollars cool.

Adieu western bullying. cool

The Russians are coming. cool cool

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Re: Hungary And Belarus Agree To Pay For Russian Gas In Rubles by Appleyard(m): 3:59pm On Apr 06, 2022
MrBrownJay1:
small small, SENSE go enter their yeye brain.

E don dey happen already. Slovakia don also join the cue of nations when wan pay with Rubles.

The fact is glaring: Russia is too big and powerful a nation to be isolated. EU Don enter one chance.

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Re: Hungary And Belarus Agree To Pay For Russian Gas In Rubles by sheanzy(m): 4:01pm On Apr 06, 2022
Very soon USA will follow suit by the time their citizen start mass protest

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Re: Hungary And Belarus Agree To Pay For Russian Gas In Rubles by MrBrownJay1(m): 4:30pm On Apr 06, 2022
Appleyard:
E don dey happen already. Slovakia don also join the cue of nations when wan pay with Rubles.

The fact is glaring: Russia is too big and powerful a nation to be isolated. EU Don enter one chance.

as these yeye sanctions are backfiring in their own faces, they will come up with other BS schemes to try to weaken Russia.

2 Likes

Re: Hungary And Belarus Agree To Pay For Russian Gas In Rubles by MangekyoAlt: 4:48pm On Apr 06, 2022
Belarus? Putin said "unfriendly" countries.
Belarus wasn't listed among them which means they are hungary are doing it anyway to help the Russian ruble rise again. Good one.
If India and China can do the same, hmm I wonder what would become of the dollar

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Re: Hungary And Belarus Agree To Pay For Russian Gas In Rubles by Kastonkastroll(m): 5:35pm On Apr 06, 2022
I have never seen real trickery like that of America. Imagine America will collect your resources by giving you just a fiat. Which kind sense be that grin All America do is just to print more and more dollars whenever they need money.

Seriously that petrodollar hegemony needs to be broken up. America's robbery is just too much grin

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Re: Hungary And Belarus Agree To Pay For Russian Gas In Rubles by sapientia(m): 5:59pm On Apr 06, 2022
Belarus?

Lol
Re: Hungary And Belarus Agree To Pay For Russian Gas In Rubles by plaindealer: 6:15pm On Apr 06, 2022
Hungary and Belarus, 2 Putin's puppets.
Jacob and Papa Lolo...


Who cares what you pay your Kremlin master?

Losers.. grin
Re: Hungary And Belarus Agree To Pay For Russian Gas In Rubles by Appleyard(m): 6:32pm On Apr 06, 2022
MangekyoAlt:
Belarus? Putin said "unfriendly" countries.
Belarus wasn't listed among them which means they are hungary are doing it anyway to help the Russian ruble rise again. Good one.
If India and China can do the same, hmm I wonder what would become of the dollar

Belarus is doing it out of kind gesture, which is going to be a precedent to other nations that has no beef with Russia. For instance, the likes of Syria, Iran, Brazil, Egypt and Algeria which buys arms from Russia might just follow suit. After all, it's easy that way since they're under sanctions or threat of US sanctions for buying Russian arms. This is very strategic.

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Re: Hungary And Belarus Agree To Pay For Russian Gas In Rubles by VictorUSA(m): 6:54pm On Apr 06, 2022
I thought this man said unfriendly countries.

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