City
Epaper

Czech Republic not to pay for Russian gas in rubles, can stop buying Russian oil: Minister

By ANI | Updated: May 3, 2022 12:05 IST

The Czech Republic does not plan to pay for Russian gas in rubles, Industry and Trade Minister Jozef Sikela told reporters after a Brussels meeting of EU ministers in charge of energy issues.

Open in App

The Czech Republic does not plan to pay for Russian gas in rubles, Industry and Trade Minister Jozef Sikela told reporters after a Brussels meeting of EU ministers in charge of energy issues.

"The Czech Republic intends to continue paying for gas in euros, especially since we buy most of it on Western European exchanges. The only Czech company that buys gas directly in the Russian Federation is the energy company CEZ, which pays and will continue to pay in euros," Sikela said.

He said the country is also ready, under certain conditions, to stop buying oil from Russia by the end of 2022.

On March 23, Russian President Vladimir Putin announced the transfer of natural gas payments for EU countries and other states that introduced restrictive measures against Russia into rubles in order to stop using dollars, euros and a number of other currencies in settlements. Then the president signed a relevant decree and said Russia would consider unfriendly countries' failure to pay in rubles from April 1 as non-fulfilment of obligations under gas contracts. (ANI/Sputnik)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: CezaJozef sikelaeuVladimir PutinBrusselsCzech RepublicBrussels capital regionVladimir vladimirovich putin
Open in App

Related Stories

NationalVladimir Putin Accepts PM Modi’s Invitation To Visit India Preparations Underway, Says Russian FM Sergey Lavrov

InternationalKnife Attack in Czech Republic: 2 Women Stabbed to Death Inside Shopping Centre in Hradec Kralove, Teenager Suspect Detained

InternationalDonald Trump, Russian President Vladimir Putin Speak Over Phone, Discuss Ending War in Ukraine: Report

OpinionsTrump’s victory puts Putin into spotlight!

NationalPM Narendra Modi to Visit Russia From October 22 to 23 to Attend BRICS Summit 2024

International Realted Stories

InternationalNepal: Teachers protesting for education reforms clash with police

International'We are still paying price', Rashid Alvi backs Mani Shankar Aiyar’s partition remarks

InternationalFor 36th birthday of 11th Panchen Lama, Tibetan govt-in-exile launches awareness campaign on his "enforced disappearance" by China

InternationalChinese authorities force Weibo account to change name, spark outrage over LGBTQ censorship

InternationalTaiwan: KMT Chair says legislature to push for Lai recall after May 20