Beneath The Roubles: The Natural Gas Disputes Set To Emerge In Europe
On 31 March 2022, Russian President Vladimir Putin issued a decree requiring Gazprom to demand that buyers of Russian gas pay in Russian roubles. The decree’s apparent purpose is to shore up the value of the Russian rouble in the wake of EU sanctions. But it might not be a lawful basis for Gazprom to suspend deliveries if buyers refuse to pay in…
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