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EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions - Foreign Affairs (3) - Nairaland

Nairaland ForumNairaland GeneralPoliticsForeign AffairsEU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions (38427 Views)

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Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by BeardGangJnr1(m): 7:14pm On Apr 22, 2022
God1000:
Putin is a drowning man.


Germany has announced that it will stop buying Russia's gas by the end of this year, other European countries will follow suit and that despot in Moscow will have no leverage left
Mumu Man....stop licking yo slave master's arse undecided
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by texazzpete(m): 7:14pm On Apr 22, 2022
BeardGangJnr1:
Balls meeenh balls grin
You…don’t realize it’s a joke ?

Lmao
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by kiddkash(m): 7:15pm On Apr 22, 2022
lohifa:
Russia is very overated
you haven't seen the full might of Russia, which is why you call them over rated
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by paafin(m): 7:16pm On Apr 22, 2022
plaindealer:
Reading and comprehension na serious wahala for Nigerian youths.. grin

The EU is not paying dumb asss pouTin in worthless rubbles, they are paying in Euros and Dollars while the Gazprombank, the Russian bank converts the payment into rubbles.

If Gazprombank sleeps better at night by converting EU's Euros and Dollars payment into Rubbles, that is their problem, but they are not getting any rubble payment from the EU.
Russia says pay in Rubles..

EU are just joking around..
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by fredoooooo:
Awon werey oga putin on the beat grin cheesy grin wink cheesy
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Nobody: 7:17pm On Apr 22, 2022
Putin the iron bender...
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by tomiwakeem: 7:17pm On Apr 22, 2022
Lol
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by treatise: 7:17pm On Apr 22, 2022
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Nobody: 7:18pm On Apr 22, 2022
Realists:
That's what we are saying never you become useless in life that your enemies, should have no need of you.
See as Lord Putin rubbished US,EU & NATO's sanctions like Okoro a useless Afonja in a Brothel.
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by hayzed19(m): 7:18pm On Apr 22, 2022
Master of the game
Jeromejnr:
Na you drown am?

After all the fake analysis some people were giving here.. grin
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Nobody: 7:18pm On Apr 22, 2022
plaindealer:
Reading and comprehension na serious wahala for Nigerian youths.. grin

The EU is not paying dumb asss pouTin in worthless rubbles, they are paying in Euros and Dollars while the Gazprombank, the Russian bank converts the payment into rubbles.

If Gazprombank sleeps better at night by converting EU's Euros and Dollars payment into Rubbles, that is their problem, but they are not getting any rubble payment from the EU.
Before now, gas was paid for in dollars or euros by paying at gazprombank company accounts for gas in European banks. Now, the new mechanism requires them to open a ruble account in gazprom bank itself, a Russian owned financial institution and pay in their currency which would then be converted to ruble with the bank acting as the sourcing agent. What this means is that, it shields the accounts and funds from being frozen in the case of sanctions, since gazprom is a Russian bank, and it places the ruble in demand thereby cushioning the effects of their now worthless sanctions. Was this not what was proposed from the beginning and they refused? Why did they now agree?
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by OneKinGuy(m): 7:18pm On Apr 22, 2022
Lol, after initial gra gra grin
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by plaindealer: 7:18pm On Apr 22, 2022
Realists:
That's what we are saying never you become useless in life that your enemies, should have no need of you.
See as Lord Putin rubbished US,EU & NATO's sanctions like Okoro in a Brothel.
Even your oga poTin sabi where the shoe dey hurt.. grin grin

Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by muhammaduyusufu: 7:19pm On Apr 22, 2022
misleading headline
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Mooh247: 7:19pm On Apr 22, 2022
Time to buy some rubble
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Sirlancelort(m): 7:19pm On Apr 22, 2022
God1000:
Putin is a drowning man.


Germany has announced that it will stop buying Russia's gas by the end of this year, other European countries will follow suit and that despot in Moscow will have no leverage left
Ok sir, until enjoy.
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by PoliteActivist: 7:19pm On Apr 22, 2022
Mkpurumiriaddic:
This is the only comment I see here that catch my attention.
Rexymania:
Wow... Putin has exposed this people. Seriously if you work on yourself, people will respect you. Work on yourself.

I love you Putin grin grin
E catch your eye because Nairaland is full of dullards who can't read, including whoever wrote this heading.
EU WILL PAY IN DOLLARS AND EUROS not rubles.
It is written plainly right there.
Why can't you people read??!!
Always deceived by misleading headings!!!
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Puremaker8: 7:20pm On Apr 22, 2022
lohifa:
Russia is very overated
Russia is overated? I don't tell me you're an adult
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Nobody: 7:20pm On Apr 22, 2022
Thunder fire Putin
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by muhammaduyusufu: 7:20pm On Apr 22, 2022
plaindealer:
Reading and comprehension na serious wahala for Nigerian youths.. grin

The EU is not paying dumb asss pouTin in worthless rubbles, they are paying in Euros and Dollars while the Gazprombank, the Russian bank converts the payment into rubbles.

If Gazprombank sleeps better at night by converting EU's Euros and Dollars payment into Rubbles, that is their problem, but they are not getting any rubble payment from the EU.
Infact I had to read the post again just to be sure I was reading right.
I don't know if OP is the one suffering from comprehension issue or the Mod that pushed this misleading title to front page.
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Nobody: 7:21pm On Apr 22, 2022
God1000:
Putin is a drowning man.


Germany has announced that it will stop buying Russia's gas by the end of this year, other European countries will follow suit and that despot in Moscow will have no leverage left
Lookatew
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Mkpurumiriaddic(f): 7:21pm On Apr 22, 2022
PoliteActivist:
E catch your eye because Nairaland is full of dullards who can't read including whoever wrote this heading..
EU WILL PAY IN DOLLARS AND EUROS
Why can't you people read??!@
Always deceived by misleading headings!!!
Must you quote me to show your frustration?
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Yankee101: 7:21pm On Apr 22, 2022
Sanctions crumbles. Half of it
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by paafin(m): 7:21pm On Apr 22, 2022
plaindealer:
Reading and comprehension na serious wahala for Nigerian youths.. grin

The EU is not paying dumb asss pouTin in worthless rubbles, they are paying in Euros and Dollars while the Gazprombank, the Russian bank converts the payment into rubbles.

If Gazprombank sleeps better at night by converting EU's Euros and Dollars payment into Rubbles, that is their problem, but they are not getting any rubble payment from the EU.
EU can't dictate to Russia how payments will be made, Russia has made their position clear on this!

texazzpete:
Nairaland putinists are dullards sha.

The EU is still paying in euros and dollars. They’ll pay to a Russian bank or subsidiary that will then do the conversion to Rubles.

Simple.



That’s not how it works na.
The Russian Banks can’t determine the exchange rate. They’ll convert it at the international value.
The value of Ruble is pegged to Gold..

So, Gold value will determine the exchange rate..
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by BeardGangJnr1(m): 7:21pm On Apr 22, 2022
skoskosko:
Before now, gas was paid for in dollars or euros by paying at gazprombank company accounts for gas in European banks. Now, the new mechanism requires them to open a ruble account in gazprom bank itself, a Russian owned financial institution and pay in their currency which would then be converted to ruble with the bank acting as the sourcing agent. What this means is that, it shields the accounts and funds from being frozen in the case of sanctions, since gazprom is a Russian bank, and it places the ruble in demand thereby cushioning the effects of their now worthless sanctions. Was this not what was proposed from the beginning and they refused? Why did they now agree?
Forget that hoodlum, he claim to know so much..but in real Sense he knows less than nothing undecided
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by pargelenis(m): 7:22pm On Apr 22, 2022
aribisala0:
Well soon the world will learn that the dollar is a rip off . We need o do he same in Nigeria
Yes, Nigeria should switch to the almighty Naira or even Ruble
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by jcross19: 7:22pm On Apr 22, 2022
God1000:
Putin is a drowning man.


Germany has announced that it will stop buying Russia's gas by the end of this year, other European countries will follow suit and that despot in Moscow will have no leverage left
can you see black man !!!
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by PoliteActivist: 7:23pm On Apr 22, 2022
muhammaduyusufu:
Infact I had to read the post again just to be sure I was reading right.
I don't know if OP is the one suffering from compression issue or the Mod that pushed this misleading title to front page.
Exactly. They know Nairaland is full of dullards who either won't read, or read without compression!
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by plaindealer: 7:23pm On Apr 22, 2022
skoskosko:
Before now, gas was paid for in dollars or euros by paying at gazprombank company accounts for gas in European banks. Now, the new mechanism requires them to open a ruble account in gazprom bank itself, a Russian owned financial institution and pay in their currency which would then be converted to ruble with the bank acting as the sourcing agent. What this means is that, it shields the accounts and funds from being frozen in the case of sanctions, since gazprom is a Russian bank, and it places the ruble in demand thereby cushioning the effects of their now worthless sanctions. Was this not what was proposed from the beginning and they refused? Why did they now agree?
When you buy goods from other people, do you not pay through banks or make bank transfers to pay for your goods.?

Gazprombank is a Russian bank that collects payments for Russian gas and the last time I checked, the EU is not running to them with rubbles, they are still paying in Eurios and Dollars and if you have anything contrary to my submission, please share it with us.
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by BeardGangJnr1(m): 7:23pm On Apr 22, 2022
texazzpete:
You…don’t realize it’s a joke ?

Lmao
Oooops....lols grin
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Nobody: 7:24pm On Apr 22, 2022
Mkpurumiriaddic:
Please can I quote you to show my frustration?
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