Russia’s Putin clears international foreign money settlements for gasoline debt


MOSCOW, Dec 30 (Reuters) – Russia will permit international locations to pay debt settlements for gasoline provides in a international foreign money, based on modifications made by President Vladimir Putin on Friday to his earlier decree on rouble funds for gasoline.

The doc additionally clarifies that the debt settlement doesn’t robotically imply the resumption of gasoline provides. It additionally doesn’t alter the beforehand said necessities for a international purchaser of Russian gasoline to pay for it in roubles.

Putin signed the decree in March, forcing European prospects to open rouble financial institution accounts with Gazprombank and pay in Russian foreign money in the event that they wished to proceed receiving Russian gasoline.

Provides have been subsequently minimize off to some firms and international locations, corresponding to Poland and Finland, that refused the phrases of the deal.

Reporting by Vladimir Soldatkin; Modifying by Josie Kao

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