Reuters reveals German gas importer VNG to transfer euros to Russia for payment

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Reuters exclusively revealed Germany’s VNG will transfer euro payments for Russian gas to Gazprombank in the future and expects no problems during a conversion to roubles, meeting Moscow’s key demands under a fresh payment scheme. VNG’s first detailed comments on the matter come as European buyers of Russian gas must navigate a new set of rules Moscow has imposed to pay for its most precious commodity, most notably a demand to pay in roubles via an elaborate scheme.

The post Reuters reveals German gas importer VNG to transfer euros to Russia for payment appeared first on Reuters News Agency.

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