Home » Budapest says Hungary will pay Russia for gas in rubles without violating EU sanctions

Budapest says Hungary will pay Russia for gas in rubles without violating EU sanctions

by alex

In Budapest they say that Hungary will pay Russia for gas in rubles without violating EU sanctions

The Hungarian Foreign Minister said that the government will pay Russia for gas in rubles/Szijjártó's Facebook

Hungarian Foreign Minister Péter Szijjártó said that their government intends to pay for Russian gas in rubles. At the same time, the country allegedly will not violate EU sanctions.

According to Szijjártó, contractual relations between MVM subsidiary CEEnergy and Gazpromexport subsidiary of Gazprom, as well as technical negotiations of the last few days, allow paying for gas as required by the supplier, without violating EU sanctions.

As the Hungarian Foreign Minister noted, in practice this will mean that the state will open 2 accounts in Gazprombank: one in euros, the other in rubles.

The Hungarian government pays the bank in euros, and the bank converts the euros into rubles, which are then sent to Gazpromexport.

What preceded this

  1. Because of the Western sanctions against Russia, Vladimir Putin in March announced his intention to transfer payments for gas supplies to “unfriendly countries” of Europe into rubles.
  2. < li>The prime ministers of the EU countries responded by saying that it was impossible to pay Russia for gas in rubles.

  3. Head of Euroc On the mission, Ursula von der Leyen stressed that paying in rubles would be considered an attempt to circumvent the sanctions.

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