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EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions - Foreign Affairs (10) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions (34366 Views)

Slovakia Agrees To Pay For Russian Gas In Rubles / Poland Refuses To Pay For Russian Gas In Rubles / Putin Wants Rubles For Russian Gas (2) (3) (4)

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Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by plaindealer: 5:26am On Apr 23, 2022
AldrichAmes:


Kissinger, to Albright, to Zbigniew Brzerinski have Nazi lineage. .



Kindly provide any credible documentation or any proof to show that they all have Nazi lineage.

I know you won't and instead dance around, dodge and come up with diversions and meaningless excuses.

See, people like you spew nonsense, conspiracy theory rubbish that you read from crazy looney blogsites while ignorant and gullible people buy into your nonsense, not knowing that you are just filling them up with utter nonsense.
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by plaindealer: 5:28am On Apr 23, 2022
ebufa:





It is tear jerking to see how foolish and ignorant our youth have become! The Nigerian youth need to be completely re-educated.......


See this one, he just got miseducated with conspiracy theory jargon with zero substannce, but he thinks other people are uneducated.


The crazy things we read on NL sometimes makkes me wonder.. grin grin
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by dappydozzy(m): 5:39am On Apr 23, 2022
aribisala0:
Well soon the world will learn that the dollar is a rip off . We need o do he same in Nigeria

Before nko ? That's why governments around the world especially the United States are not comfortable with crypto, which decentralizes the control of the global financial system. That why you see central banks around the world introducing CBDCs (Central Bank Digital Currencies) e. g Digital Yuan, e.-naira etc. The United States through the IMF, World Bank made the US dollar the world reserve currency in order to exercise control of the global financial system. But with crypto currency, you don't need to go to your bank to source foreign exchange for cross border payments you just buy on black market with your local currency and send from your wallet to the recipient. Crypto currencies are good methods for bypassing sanctions, that's why EU was demanding for the freezing of Russian users funds on Binance, which was rejected by CZ, CEO of Binance.
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Dottore: 5:53am On Apr 23, 2022
plaindealer:


Of what relevance is this question?

1. You said you want your product paid for in Rubbles, but I said no.

2. I pay your bank in Euros and dollars and your bank do aboki FX into rubbles.

Does this mean you received Euros and Dollars from me?

Whatever you do with your Euro and dollar payment is your problem, even if you do aboki FX to Cedi or Rupees, that's your problem.

Is it really by force to defend your lord PouTin or just inability to read and comprehend?

Oga I think you are the one that lack comprehension, kindly note that I'm not a fan of Putin but his methods are interesting to me.

Firstly every country wants the inflow of stronger foreign exchange currency in other to grow their economy. The west sanctioned Russia by denying him access to Euro and USD and even freezes Russia's assets in Western banks.

As a result of this Putin demands the payment of his gas resources in Rubbles and every customer must open account in a particular Russian bank so as to create a high demand for his local currency. This singular move strengthened the rubbles at the rate of around 40percent within a few days.

The West says they'd rather pay in Euro and USD. Are they not returning the same currency they denied him in more assured way and having it converted according to Russia's terms and rates?

This will further stabilize the economy of Russia because they will have money to trade hitch free with other less hostile countries that use usd and euro especially Asian Countries especially now that they are using an alternative china's CIPS which is a viable alternative to west's SWIFT.

Good morning sir.

2 Likes

Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by VladimirPutiin(m): 5:55am On Apr 23, 2022
Gospel2Day:


You love a man who invades and wastes a sovereign nation?
Would you love him,if your entire family were among those killed in Ukraine?
The wickedness and selfishness hiding in the hearts of some people is horrible.
Once a carnage or calamity does not affect us or our loved ones, we care less whoever else it affects.
Well done, Bro.
I pray you and your family members will not be visited and invaded by killers in Jesus Name.
Shalom.

Tell that to your masters the US that has invaded more sovereign countries and made them useless. E.g Libya and Iraq. Besides we still suffering from the British foolishness till date.

2 Likes

Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Gbadespet(m): 6:28am On Apr 23, 2022
JOemmy:



Hope you will still be loving putin if he wakes up one day and decides to support biafra to exit nigeria just as he is currently doing in eastern Ukraine?

And how is that your problem? Shey make Biafra no go again,the co-existence is not working anymore,1 Nigeria is a scam as well, please let him support them if need be.......We are tired already
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by kingjiss: 6:29am On Apr 23, 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

They will stop ,they will stop

When ?

Putin the man

1 Like

Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by plaindealer: 6:32am On Apr 23, 2022
Dottore:

[b]Oga I think you are the one that lack comprehension, [/b]kindly note that I'm not a fan of Putin but his methods are interesting to me.



Is the comprehension the fact that they are violating their sanctions by paying Russia in Rubbles or in Euros and Dollars according to the EU.

Is the EU paying in Euros/Dollars or Rubbles?

The answer should obviously highlight your own poor comprehension.

Firstly every country wants the inflow of stronger foreign exchange currency in other to grow their economy. The west sanctioned Russia by denying him access to Euro and USD and even freezes Russia's assets in Western banks.

The issue here is not the money the West is allowing Russia to earn for their oil and gas and the last time I checked, they are yet to ban Russian oil and gas even though they are buying less.

Eventually and as we can see, it's just a matter of time before the ban kicks in. Stay on topic.



As a result of this Putin demands the payment of his gas resources in Rubbles and every customer must open account in a particular Russian bank so as to create a high demand for his local currency. This singular move strengthened the rubbles at the rate of around 40percent within a few days.

Come back with this post when you are able to prove to us that the EU is paying Russia in rubbles, until then, you are just blowing smoke and peddling decision.

The West says they'd rather pay in Euro and USD. Are they not returning the same currency they denied him in more assured way and having it converted according to Russia's terms and rates?

Paying for services rendered based on signed contracts is normal, when it's time to ban Russian energy, Putin go whistle, it's just a matter of time.

This will further stabilize the economy of Russia because they will have money to trade hitch free with other less hostile countries that use usd and euro especially Asian Countries especially now that they are using an alternative china's CIPS which is a viable alternative to west's SWIFT

This is your own opinion, even China can not walk around SWIFT and definitely is determined not to even save Russia, their so-called friend.

China is not and won't process any Russian payments. Do you know why? Fear of Western sanctions.

You people need to stop substituting real-world events with your own personal opinions and alternate realities.

Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Jeromejnr(m): 6:36am On Apr 23, 2022
PoliteActivist:


He's NOT Putin. Read well. He is Putiin: VladimirPutiin

Lol..so you actually believe that guy believes he quoted the real Putin? grin grin
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by plaindealer: 6:37am On Apr 23, 2022
Chinese credit card processor UnionPay rebuffs Russian banks: Report


China's credit card processor has refused to work with banks in Russia for fear of being targeted by sanctions over its war on Ukraine, [/b]cutting off a possible alternative after Visa and Mastercard stopped serving them, according to the Russian news outlet RBC.


[b]American officials have warned that governments or companies that try to undermine sanctions will face consequences. RBC said UnionPay wanted to avoid such secondary sanctions
.

Chinese President Xi Jinping's government has called Russia its most important strategic partner and criticised sanctions on Moscow.

But Chinese companies and banks appear to be complying with trade and financial restrictions.


https://www.business-standard.com/article/international/chinese-credit-card-processor-unionpay-rebuffs-russian-banks-report-122042100468_1.html

Russia is in deep trouble if your so-called friend can not help you because they don't want to be sanctioned or suffer economic collateral destruction because of one mad man in Moscow.
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Peaceworld(m): 6:38am On Apr 23, 2022
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
We love tyrants. No wonder the world is the way it is. Tell this to the many dead Ukrainian Mums and children. Ara.
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Jeromejnr(m): 6:45am On Apr 23, 2022
plaindealer:



Here..

You people need to spend more time reading the news and keeping up with current affairs instead of arguing blindly on the internet.

Oil is different from gas.

You stop arguing blindly.
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by plaindealer: 6:48am On Apr 23, 2022
Peaceworld:

We love tyrants. No wonder the world is the way it is. Tell this to the many dead Ukrainian Mums and children. Ara.


This is how mentally screwed many Nigerians are.

They hate tyrants and dictators in Nigeria, but they love aborad tyrants, evil murderers, rapists and killers.

Just imagine here in Nigeria where people abuse and insult their president every second of the day with no punishment, but in Russia, you get picked up, locked, up, and sent to prison for decades, and that's if Putin did not poison you.

Opposition members in Russia have all been poisoned and killed, one survived, but he's in prison based on bogus charges. Just imagine opposition members in Nigeria like Atiku, Peter Obi being poisoned or sent to prison forever.

This is the kkind of monster and sadistic tyrants these clueless people are in love with..

1 Like

Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Dottore: 6:56am On Apr 23, 2022
plaindealer:


Is the comprehension the fact that they are violating their sanctions by paying Russia in Rubbles or in Euros and Dollars according to the EU.

Is the EU paying in Euros/Dollars or Rubbles?

The answer should obviously highlight your own poor comprehension.



The issue here is not the money the West is allowing Russia to earn for their oil and gas and the last time I checked, they are yet to ban Russian oil and gas even though they are buying less.

Eventually and as we can see, it's just a matter of time before the ban kicks in. Stay on topic.





Come back with this post when you are able to prove to us that the EU is paying Russia in rubbles, until then, you are just blowing smoke and peddling decision.


Paying for services rendered based on signed contracts is normal, when it's time to ban Russian energy, Putin go whistle, it's just a matter of time.


This is your own opinion, even China can not walk around SWIFT and definitely is determined not to even save Russia, their so-called friend.

China is not and won't process any Russian payments. Do you know why? Fear of Western sanctions.

You people need to stop substituting real-world events with your own personal opinions and alternate realities.


You argue with emotion. How I wish you made sense?

2 Likes

Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by plaindealer: 6:57am On Apr 23, 2022
Jeromejnr:


Oil is different from gas.

You stop arguing blindly.


What is the meaning of gradually halting natural gas.?

Is Germany not currently sourcing and signing natural gas contracts with other countries as we speak?

Putin's pain and suffering is coming, just wait for it..

Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by plaindealer: 7:11am On Apr 23, 2022
Dottore:

You argue with emotion. How I wish you made sense?


How I wish you are competent enough to show us where the EU made payment worthless rubble.
Let me show you sense.

According to the EU, they don't want to violate their sanctions by paying Russia in Rubbles, meaning they will not pay on Rubbles and they are not. It's right there in basic English.

It is madness to collect dollars or euros from me and later claim that payment was done in rubbles.

The topic and the article are self explanatory, but many of you act as if you did not attend any school or you just lack basic reading and comprehension skills.
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Jeromejnr(m): 7:12am On Apr 23, 2022
plaindealer:



What is the meaning of gradually halting natural gas.?

Is Germany not currently sourcing and signing natural gas contracts with other countries as we speak?

Putin's pain and suffering is coming, just wait for it..




LNg pipeline contracts take at least 4 years to manufacture just 1 terminal sir.

Please educate yourself.
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Moorish: 7:19am On Apr 23, 2022
pargelenis:
Yes, Nigeria should switch to the almighty Naira or even Ruble
We can’t do that because we belong to OPEC, I believe
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Moorish: 7:22am On Apr 23, 2022
plaindealer:



This is how mentally screwed many Nigerians are.

They hate tyrants and dictators in Nigeria, but they love aborad tyrants, evil murderers, rapists and killers.

Just imagine here in Nigeria where people abuse and insult their president every second of the day with no punishment, but in Russia, you get picked up, locked, up, and sent to prison for decades, and that's if Putin did not poison you.

Opposition members in Russia have all been poisoned and killed, one survived, but he's in prison based on bogus charges. Just imagine opposition members in Nigeria like Atiku, Peter Obi being poisoned or sent to prison forever.

This is the kkind of monster and sadistic tyrants these clueless people are in love with..

They are supporting Putin cos they despise the west
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by plaindealer: 7:23am On Apr 23, 2022
Jeromejnr:


LNg pipeline contracts take at least 4 years to manufacture just 1 terminal sir.

Please educate yourself.


There's a difference between 2 and 4.

Learn basic arithmetic and while you are at it, keep up with current affairs.

Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by olas24u(f): 7:27am On Apr 23, 2022
pargelenis:
Putin woefully failed in Plan A - which was regime change in Ukraine … he has now switched to the easier Plan B which is occupy the Russian friendly Eastern Ukraine grin

There was nothibg like regime change ,it is geopolitics going on and not regime change.it is easier to attack moscow from ukraine ,that is why they eent on operation inbthe first place.the places that will make it easy are now blue and red.the country is now useless .luhansk and the donbass areas are the most prosperous areas.muripol is now blue and red
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Jeromejnr(m): 7:30am On Apr 23, 2022
plaindealer:



There's a difference between 2 and 4.

Learn basic arithmetic and while you are at it, keep up with current affairs.

Your ignorance is alarming.

You are even posting articles against the narrative you're trying to push.

You don't even know the difference between oil and gas. grin. Arguing in a post that is speaking of gas imports.

Article says they will wean oil off in the next two years, you earlier said by the end of this year.

Meanwhile gas terminals takes at least 4 years to build.

Lol..abeg leave international politics for those who understand.

3 Likes

Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by kalu61(m): 7:33am On Apr 23, 2022
cl0r0x:
People don't read and comprehend, they will pay in Europe, then Russia will convert to rubbles. grin
This is the simple logic.

EU pays Russian in Dollars or Euro, Russian converts the money to the value of Rubbles.

Remember that Russia controls the exchange rate of Rubble and Rubble is no longer pegged to dollars but Gold.

For example EU pays $1000 into Russia accounts. Russia with convert the $1000 at their own exchange rate which they can manipulate. May be if $1000 was going for 20,000 Rubbles, Russian central bank can now say $1000 goes for 10,000 Rubbles. That means goods $1000 used to buy will now be $2000. Therefore, EU will have to pay more or go search for Rubbles and pay themselves.

Russia is saying EU should open a Rubble account with Russia bank. That means when EU pays in Dollars, Russia will convert that money to Rubble and deposit it in EU's rubble account which EU will now use to buy Russian oil.

However, according to the proposal, EU companies are afraid that after Russia convert the dollars into their Rubbles account, that Putin may sanctioned the rubble account owned by EU companies.


These things are just proposals both parties will look at.

You get the point now?

1 Like

Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by ariesbull: 7:44am On Apr 23, 2022
BeardGangJnr1:

It's so annoying..when u talk now they will start ranting about visa This, Visa that
I Think they All suffering from inferiority complex undecided
it is basically inferiority complex.... They will talk about visa that is their only basis of argument and do not blame these clowns... They are kids anyway they are in their 20s and early 30s
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by plaindealer: 7:50am On Apr 23, 2022
[s]
Jeromejnr:


Your ignorance is alarming.

You are even posting articles against the narrative you're trying to push.

You don't even know the difference between oil and gas. grin. Arguing in a post that is speaking of gas imports.

Article says they will wean oil off in the next two years, you earlier said by the end of this year.

Meanwhile gas terminals takes at least 4 years to build.

Lol..abeg leave international politics for those who understand.
[/s]



Germany, richest and the largest economy in Europe said 2 years, but this joker in his village with zero knowledge per anything is calling Germany a liar...

See, this is the kind of ignorant, unintelligent and puerile nonsense we read on NL.

Nna, go and sit your ignorant village asss somewhere...
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by BeardGangJnr1(m): 7:52am On Apr 23, 2022
ariesbull:
it is basically inferiority complex.... They will talk about visa that is their only basis of argument and do not blame these clowns... They are kids anyway they are in their 20s and early 30s
I'm in my 20s too..but I developed interest in current affairs, history and politics from Early age because of my Dad....the thing is most of them... don't really know much about history that's why..they argue ignorantly...and most of them watch too much of Hollywood..where america and the west portray themselves as the heroes and the good guys while others are always portrays as the villains....!!

2 Likes

Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Jeromejnr(m): 8:01am On Apr 23, 2022
plaindealer:
[s][/s]



Germany, richest and the largest economy in Europe said 2 years, but this joker in his village with zero knowledge per anything is calling Germany a liar...

See, this is the kind of ignorant, unintelligent and puerile nonsense we read on NL.

Nna, go and sit your ignorant village asss somewhere...

Lol..you no even get talk.

Stop disgracing yourself up and down.
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by Agbegbaorogboye: 8:02am On Apr 23, 2022
plaindealer:



There's a difference between 2 and 4.

Learn basic arithmetic and while you are at it, keep up with current affairs.
The ruble accounts that are being opened with gazprombank, whose is it?
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by ariesbull: 8:08am On Apr 23, 2022
BeardGangJnr1:

I'm in my 20s too..but I developed interest in current affairs, history and politics from Early age because of my Dad....the thing is most of them... don't really know much about history that's why..they argue ignorantly...and most of them watch too much of Hollywood..where america and the west portray themselves as the heroes and the good guys while others are always portrays as the villains....!!
exactly
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by plaindealer: 8:19am On Apr 23, 2022
Agbegbaorogboye:

The ruble accounts that are being opened with gazprombank, whose is it?


Of what relevance is the rubble account and the owner?

The EU make payments in Euros and Dollars, end of the story, what Russia or their back do with the money after that is their business.

Instead of asking that question, Why not just come out and say EU is paying in Euros?

You people can not do anything like that, you just keep perambulating left and right with innuendoes, side talk, hyperboles and all manner of deceptions, all because you know the truth, but you are all dubious to say it.
Re: EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions by loswhite(m): 8:23am On Apr 23, 2022
aribisala0:
Well soon the world will learn that the dollar is a rip off . We need o do he same in Nigeria
Go build stable power and Refinery before you start talking about Dollars. Ppl like you are worst than Buhari.

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