Russia’s demand for ruble payments for natural gas cannot be fulfilled, according to Italian Foreign Minister Luigi Di Maio, who says doing so would breach EU sanctions. “We cannot pay in rubles; Russia introduced a double billing scheme from euro to rubles, this is impossible as it would mean bypassing ...
Germany has taken ownership of a local branch of Russia’s state-owned energy giant Gazprom. Berlin’s energy regulator will temporarily control the company despite Moscow’s previous insistence that such a move would be illegal. Gazprom Germania, a subsidiary of the Saint Petersburg-based firm, operates some of the country’s largest natural gas ...
