Pay in rubles or have your gas shut off by April

[hyudien]

I'm 99% sure that the EU will refuse to pay with rubles,but will the Russians stop the gas and get rid of their number one income source?It has been said,that Asian countries cannot fully replace European countries as natural gas buyers.

I guess if the EU refuses to pay in rubles then the Russians will also stop supplying gas. The EU has already imposed almost all sanctions on the Russian economy and there is no reason for Russia to continue to make concessions. Pay in rubles, this could have been too sudden a Russian counterattack against the US and EU that they didn't think of and they were slow to react.

That's exactly what Russia is trying to show, hitting their finances for taking such blind sanctions. Russia position is ideal in terms of controlling Gas, while the EU need for Gas is undeniable, the use of other alternatives has not fully covered what Gas has done. So, like it or not, Russia is opening itself up to European Union countries to buy gas under one of these conditions. Russia didn't care about sanctions from the start, because they knew western and European countries would definitely make those policies.

[1714997644]

1714997644

[lovesmayfamilis]

Maybe we Europeans should do the same to India as Russia does to Ukraine?
Of course with far better success chances, how many it took last time, 2 ships and 5 donkeys?

Are you proposing another war? What has India now done against you? You have many enemies. I don’t understand why people have so much bile and anger towards the people who have always fought the Nazis, what is wrong with them?

He finally realized how empty his threats are, nobody is scared anymore about the Russian army, and his allies are quitting him one after other, even Kazakhstan and Uzbekistan, he finally start to understand that the emperor is naked. And weak. And poor! And stupid!

Who told you that these two countries are against Russia? Where is that written? All the economic transactions that were with these countries did not stop for a second. The news that you are presented with is full of fakes and garbage.

“I know hundreds of ways to get a bear out of its den, but none to get it back in. Don't tease the Russian bear."
Great politician Otto Eduard Leopold von Bismarck

Why did no one learn to listen to smart people?

[stompix]

Who told you that these two countries are against Russia? Where is that written? All the economic transactions that were with these countries did not stop for a second. The news that you are presented with is full of fakes and garbage.

Why did no one learn to listen to smart people?

Why not reread my post, it would be so nice to actually reply about what I post, not what you think I'm thinking.
Did I say those countries are against Russia anywhere other than in your imagination? I said allies are quitting, not that they have decided to go against him.

As for your advice, indeed, why don't you do it first?
https://www.rferl.org/a/kazakhstan-evade-sanctions-russia/31781750.html

Kazakhstan will not help Russia to evade Western sanctions imposed on Moscow over its ongoing invasion of Ukraine, a top Kazakh official has said

Kazakhstan "will continue to invest in Russia and attract investment for Russia: there is no way for our economy to do it differently," he said. "But we will do our best to control the sanctioned goods.

.

https://www.rferl.org/a/uzbekistan-ukraine-separatists-not-recognized/31757881.html

"Firstly, the military actions and violence must be stopped right away. The Republic of Uzbekistan recognizes Ukraine's independence, sovereignty, and territorial integrity. We do not recognize the Luhansk and Donetsk republics," Komilov said, adding that his country had historic ties both with Ukraine and Russia.

Are you proposing another war? What has India now done against you? You have many enemies. I don’t understand why people have so much bile and anger towards the people who have always fought the Nazis, what is wrong with them?

Yeah, bring in the nazi argument, of course then the nazist Ukraine led by a nazi jew, let's not even count the fact that all the people that are arming Ukraine now are the same that helped you not get your ass trashed by them in ww2. Throw in a  bit of fascism, world order, crony capitalism, and decadent west to make the perfect borscht. Don't forget something about gays and Christianity.

Are you proposing another war?

What other war? There is no war, there is a special operation, one that might include picking up people from their homes after they mention the word war on foreign forums, especially ones banned in some undisclosed country we're not going to mention! 

[Franctoshi]

Russia is looking for a way to strengthen their currency (Rubble) and it's economy as a result of the sanctions imposed on them and they're also taking the advantage of being the major supplier of gas to the European countries which is about ( 40%) to issue these ultimatum , I see it as strategy to escape the impact of the sanctions . Just looking at what the response from EU countries would be.

[barbara44]

I guess if the EU refuses to pay in rubles then the Russians will also stop supplying gas. The EU has already imposed almost all sanctions on the Russian economy and there is no reason for Russia to continue to make concessions. Pay in rubles, this could have been too sudden a Russian counterattack against the US and EU that they didn't think of and they were slow to react.

That's exactly what Russia is trying to show, hitting their finances for taking such blind sanctions. Russia position is ideal in terms of controlling Gas, while the EU need for Gas is undeniable, the use of other alternatives has not fully covered what Gas has done. So, like it or not, Russia is opening itself up to European Union countries to buy gas under one of these conditions. Russia didn't care about sanctions from the start, because they knew western and European countries would definitely make those policies.

The trouble they are causing themselves in the long run is that these nations will not forget about this war. Sure they put sanctions and that is why Russia is also hitting back, what did the west expected? Russia to rollover and say "yes my lord" and accept the deal? Of course they would hit back and this was known.

However, the regular companies didn't know what governments would do, politicians reacted, but companies and the citizens weren't ready for what the governments did. In return, since Russia is pulling a big request here, everyone in the west will try to look for alternative sources. It may not happen now, but it may happen in the end, and that is the most important part. Maybe it won't impact today, but it will in 5-10 years.

[yawars20]

Its already clear what Putin is up to. Regarding to allies or foe, Putin clearly out spoke that those who are opposing his action will also face consequences so threatening them with energy sources supplies like coal, gas and petroleum cancellation will be inevitable.
The whole situation of war is creating a panic situation and world is dividing into 2 groups. Lets see how things move towards and I genuinely wish for end of this war.

[Sithara007]

Maybe we Europeans should do the same to India as Russia does to Ukraine?
Of course with far better success chances, how many it took last time, 2 ships and 5 donkeys?

LOL.. I think you are still living in the 19th century. Dude, that era is long gone, when Europeans could do whatever they wanted. Most of the European countries don't even have a proper army nowadays and are entirely dependent on the United States for their defense deals. Within a few weeks, all these media hype about heroic Ukrainian defense will fall apart and Putin will walk away with half of Ukraine. Europeans will be left with another 10 million economic migrants from Ukraine, which will add further strain to the budget (that is already under pressure from the raising gas and oil prices).

[stompix]

Within a few weeks, all these media hype about heroic Ukrainian defense will fall apart and Putin will walk away with half of Ukraine.

Let's make it more interesting since you're such a know-it-all?
If by Victory day which is one month and a few days from now on Russia won't conquer half of Ukraine, are you willing to put your account here at stake? 
We can try a bet in BTC, how does half or one quarter sound?

Europeans will be left with another 10 million economic migrants from Ukraine, which will add further strain to the budget (that is already under pressure from the raising gas and oil prices).

Europe imports ~ 200 billion worth of oil and gas, EU GDP is 21.5 trillion, that's 1%, indeed a strain, just as a head-up, we have a noncommunity export of 1.9 trillion, just our exports to other countries are bigger than entire Russia plus EAEU groups GDP.
We have 4 million jobs opening in Europe, we could easily absorb half of that in months, plus a lot of the refugees are children, and that makes a huge differnece.

[Mauser]

Putin has threatened so called unfriendly states to pay in rubles or have its gas supply shut off. It has said it doesn't buy things for free and so isn't going to charitable with its energy.
Europe has kicked against this with Germany saying its being blackmailed by this move. What other choice does Europe has with Russia alone selling about 40% of energy to the world.

There isn't really anything Europe can do short term. We are dependent on Russia for gas, there is no real alternative we can find in a few weeks. Also these are long term contracts with Russia, we can't just cancel them overnight. Same goes for Russia, they need the western money and will not stop the gas flow. Both parties in the contract want the gas to keep flowing. Putins rational behind this move is strengthen the currency, via increasing demand for Ruble. The German chancellor Olaf Scholz already said they will only pay in Euro or Dollars, but this doesn't matter. Gazprom is creating new bank accounts that will directly change the euros or dollars into Ruble.

[jrrsparkles]

Its already clear what Putin is up to. Regarding to allies or foe, Putin clearly out spoke that those who are opposing his action will also face consequences so threatening them with energy sources supplies like coal, gas and petroleum cancellation will be inevitable.
The whole situation of war is creating a panic situation and world is dividing into 2 groups. Lets see how things move towards and I genuinely wish for end of this war.

Its almost going towards end because Russia is taking their military out of Ukraine to their borders but now Ukraine wants to continue their fight by bombarding the oil Bunkers in Russian borderline.

Probably this is going to be the beginning of new economic era, because three big countries of Asia is joining together and actually no country can't impose complete ban like US did to North Korea like countries because they generate money from those countries. Means US is losing their domination and China is marching towards the next big influencial country of this world.

[Tony116]

I guess if the EU refuses to pay in rubles then the Russians will also stop supplying gas. The EU has already imposed almost all sanctions on the Russian economy and there is no reason for Russia to continue to make concessions. Pay in rubles, this could have been too sudden a Russian counterattack against the US and EU that they didn't think of and they were slow to react.

That's exactly what Russia is trying to show, hitting their finances for taking such blind sanctions. Russia position is ideal in terms of controlling Gas, while the EU need for Gas is undeniable, the use of other alternatives has not fully covered what Gas has done. So, like it or not, Russia is opening itself up to European Union countries to buy gas under one of these conditions. Russia didn't care about sanctions from the start, because they knew western and European countries would definitely make those policies.

The trouble they are causing themselves in the long run is that these nations will not forget about this war. Sure they put sanctions and that is why Russia is also hitting back, what did the west expected? Russia to rollover and say "yes my lord" and accept the deal? Of course they would hit back and this was known.

However, the regular companies didn't know what governments would do, politicians reacted, but companies and the citizens weren't ready for what the governments did. In return, since Russia is pulling a big request here, everyone in the west will try to look for alternative sources. It may not happen now, but it may happen in the end, and that is the most important part. Maybe it won't impact today, but it will in 5-10 years.

Europe has been seen as an energy crisis area in recent years and Russia is their largest supplier. All see that energy dependence on Russia is not good in the long run. But it seems that the measures and policies put forward to discuss reducing dependence on Russia do not seem to be effective and now when the fighting breaks out, they are even ready to replace energy supplies from Russia. But what they have achieved is no progress, they will still have to use Russian gas for at least the next 5 years to find new supplies.

[KennyR]

More discussion on India's trade with Russia following Rupee-Ruble Trade mechanism. Europe and America stands against the decision. Here none is to be blamed, everyone wants an opportunity to make use. Now it is the time for India and it is using the chance. America and European countries tie hands to fight Russia, just on the fact of holding power

Germany, Europe's biggest consumer of Russian gas which has halted certification of the new Nord Stream 2 gas pipeline from Russia because of the Ukraine crisis, could import gas from Britain, Denmark, Norway and the Netherlands via pipelines.

Germany's utility association BDEW has called on the government to come up with an emergency plan to prepare the country for disruptions to Russian gas supplies.

Norway's Equinor (EQNR.OL) said it is considering ways to produce more gas from its Norwegian fields during the upcoming summer in Europe, a season in which output is normally affected by maintenance.

Southern Europe can receive Azeri gas via the Trans Adriatic Pipeline to Italy and the Trans-Anatolian Natural Gas Pipeline (TANAP) through Turkey.

The United States will work to supply 15 billion cubic metres of liquefied natural gas (LNG) to the European Union this year, the transatlantic partners said last week.

Europe's options on Gas
European countries have got more other alternative, why don't they find a solution out of it. There is nothing to blame the countries benefiting out of Russia's trade plans to overcome sanctions.

[macson]

Putin has threatened so called unfriendly states to pay in rubles or have its gas supply shut off. It has said it doesn't buy things for free and so isn't going to charitable with its energy.
Europe has kicked against this with Germany saying its being blackmailed by this move. What other choice does Europe has with Russia alone selling about 40% of energy to the world.

Turkey's president says that "he doesn't want to see his citizens freeze to death".  European countries certainly can't refuse it even though they insist, do they already have other alternatives to meet their domestic oil supply?  this is very smart politics from putin to fight sanctions from the west and oil is the most exclusive basic need right now.

[Iranus]

The result was predictable Russia with its demands and ultimatums was sent on a "walking erotic journey"
Under-Fuhrer, having decided that he is God and all his ultimatums will be fulfilled, did not take into account that he communicates not with his slaves, but with people from the free world, where laws, contracts, and obligations work. As a result, like any "initiative" of Russia, it all turned into a comedy. Do you know what they did? They created a CURRENCY account at Gazprombank. Where do buyers transfer.. What? Yes - CURRENCY! And then they themselves buy rubles on the interbank exchange! "The West has been brought to its knees, another victory for Russia!" ))

Putin is now using dictatorship and not counting others because he is in superpower. Don't even think about the advantages and disadvantages. Russia has no idea how many people will suffer if the gas supply is cut off, he is just looking after his own interests.

Now, Russia wants to build a new world order with China. As a result, powerful Russia will become infinitely powerful and will do whatever it wants while keeping the whole world in its hands.

[mindrust]

Who told you that these two countries are against Russia? Where is that written? All the economic transactions that were with these countries did not stop for a second. The news that you are presented with is full of fakes and garbage.

“I know hundreds of ways to get a bear out of its den, but none to get it back in. Don't tease the Russian bear."
Great politician Otto Eduard Leopold von Bismarck

Why did no one learn to listen to smart people?

The western media went full Goebbels during the Russian/Ukraine conflict. I mean they haven't been telling the truth for years but they literally doubled their filth. There are hundreds of reports ( they are there if you know where to look) showing how they are manipulating the masses.

Right before Russia destroyed the remaining Nazi forces during WWII, the German people were still believing that they were about to invade Moscow.

Any time now!

[Nerdy doctor]

I'm 99% sure that the EU will refuse to pay with rubles,but will the Russians stop the gas and get rid of their number one income source?It has been said,that Asian countries cannot fully replace European countries as natural gas buyers.

I guess if the EU refuses to pay in rubles then the Russians will also stop supplying gas. The EU has already imposed almost all sanctions on the Russian economy and there is no reason for Russia to continue to make concessions. Pay in rubles, this could have been too sudden a Russian counterattack against the US and EU that they didn't think of and they were slow to react.

That's exactly what Russia is trying to show, hitting their finances for taking such blind sanctions. Russia position is ideal in terms of controlling Gas, while the EU need for Gas is undeniable, the use of other alternatives has not fully covered what Gas has done. So, like it or not, Russia is opening itself up to European Union countries to buy gas under one of these conditions. Russia didn't care about sanctions from the start, because they knew western and European countries would definitely make those policies.

You're right. Russia envisioned these sanctions. They knew they would come and were somewhat ready for it

[merchantofzeny]

Russia walked this backed: https://www.reuters.com/business/energy/russia-will-not-demand-immediate-switch-gas-payments-roubles-kremlin-2022-03-30/

Their messaging is confusing and their economy is too fragile to further restrict themselves from global commerce, so you can expect something like this to not go through. It sounded like an empty threat from the start and a mere desperate attempt to avoid sanctions. Appears Russia still has India and China open to them for unrestricted trading, but they cannot reasonable expect to cut off trading from the rest of Europe and keep their economy afloat.

Yeah, I don't expect them to just shut it off. This is more posturing but they might eventually go on with it in the future. After all this means they'd be getting Euros in exchange.

[laurenB7742]

It's like going back and forth in my opinion, Europe doesn't want to be cold and of course it needs gas there on the other hand they also definitely want to have an effect on Russia but indeed Putin is not that shallow and he has thought about this carefully.
Well this is quite a difficult thing because indeed Putin and Russia have the resources needed and it is very difficult to criticize if they still need it

Gas is a major need because of the weather condition , the weather in winter is very cold and heater is a big necessity as the terrain get frezen. Sourcing for alternative is the solution although maybe at a higher price because Putin is definitely using this as an advantage.

They need to determine the price now regardless of the sanctions they impose because still Russia is in control now and when they don't want to follow Russia then indeed the Gas deal may not happen and indirectly this could slowly kill them because of the weather .
They can't do much because Russia is still in control because maybe now it will be like this, Russia can distribute gas but with the rules and powers they make.

In some countries, the weather is such that it is covered with snow all year round. If the gas supply in these countries is cut off, an unimaginable bad situation will arise. Countless people will die because of the weather in these countries. And Putin is using this opportunity and threatening to cut off gas supplies.

In this situation, there are two roads open for these countries. One, is the discovery of an alternative fuel other than gas though it is a matter of time. Two, agree to a deal with Putin.

[DrBeer]

The result was predictable Russia with its demands and ultimatums was sent on a "walking erotic journey"
Under-Fuhrer, having decided that he is God and all his ultimatums will be fulfilled, did not take into account that he communicates not with his slaves, but with people from the free world, where laws, contracts, and obligations work. As a result, like any "initiative" of Russia, it all turned into a comedy. Do you know what they did? They created a CURRENCY account at Gazprombank. Where do buyers transfer.. What? Yes - CURRENCY! And then they themselves buy rubles on the interbank exchange! "The West has been brought to its knees, another victory for Russia!" ))

Putin is now using dictatorship and not counting others because he is in superpower. Don't even think about the advantages and disadvantages. Russia has no idea how many people will suffer if the gas supply is cut off, he is just looking after his own interests.

Now, Russia wants to build a new world order with China. As a result, powerful Russia will become infinitely powerful and will do whatever it wants while keeping the whole world in its hands.

You are wrong. Russia is not a superpower. And she never was. This is a backward, wild, totalitarian country, headed by a madman who imagines himself to be the messiah. Oh yeah, and they still have nuclear weapons. It is this /, nuclear weapons, that has become an argument for intimidating the West. Remove nuclear weapons from Russia now, and Ukraine will capture Russia in a couple of months Russia does not "crush" the West with its economy, or with its technologies that it will stop supplying to the West, there is no greatness. There is only the fear of nuclear war, and this crazy dwarf uses it very well.
Regarding China, I agree that China has contradictions with the West, but I do not agree that China will create an alliance with Russia. Russia for him, China - just a raw material appendage.

[Ozero]

Its already clear what Putin is up to. Regarding to allies or foe, Putin clearly out spoke that those who are opposing his action will also face consequences so threatening them with energy sources supplies like coal, gas and petroleum cancellation will be inevitable.
The whole situation of war is creating a panic situation and world is dividing into 2 groups. Lets see how things move towards and I genuinely wish for end of this war.

Its almost going towards end because Russia is taking their military out of Ukraine to their borders but now Ukraine wants to continue their fight by bombarding the oil Bunkers in Russian borderline.

Probably this is going to be the beginning of new economic era, because three big countries of Asia is joining together and actually no country can't impose complete ban like US did to North Korea like countries because they generate money from those countries. Means US is losing their domination and China is marching towards the next big influencial country of this world.

Russia's military aggression against Ukraine has not yet subsided. In Russia, they realized that they could not effectively attack Ukraine from three sides, as they had previously counted on the minimum resistance of the Ukrainian armed forces. The Armed Forces of Ukraine, having already 8 years of experience in military operations, very competently took advantage of the situation and do not arrange frontal battles, but operate in small groups with the support of artillery and aviation, inflicting pinpoint and tangible losses on the enemy. Therefore, in the first month of the war, Russia lost more than 40,000 people killed, wounded and captured. Military equipment "the second army of the world" has already lost about 40 percent, eight of the ten invading armies of Russia.

Now Russia is withdrawing its heavily battered troops from Kyiv and the northern directions and will attack from the east, as well as try to seize the land corridor in southern Ukraine in order to have a passage into the previously occupied Crimean peninsula.
On April 1 and 3 in Belgorod, Russia, about 50 kilometers from the border with Ukraine, first ammunition depots exploded, followed two days later by large fuel stores. Although eyewitnesses claimed that fuel tanks attacked two helicopters, it was almost a fantasy for the Ukrainians to pass through the multi-layered Russian air defense line, complete the task and return safely, however, it is precisely these losses that do not allow the Russians to muster up the strength to now attack in full Ukraine from the east. However, April should be difficult and a turning point in this war.

As for Putin's plans to pay for gas in rubles, so far the countries of the G7, and these are the USA, Canada, Great Britain, Germany, France, Italy and Japan, have rejected this demand of Russia. Moldova has definitely agreed to this, some other states are waiting.