Pay in rubles or have your gas shut off by April

[Furious 7]

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

[1714984349]

1714984349

[1714984349]

1714984349

[1714984349]

1714984349

[gantez]

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.

[Nerdy doctor]

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.

I don't know the details, but honestly I don't think it is an unreasonable position. Is it any different than American exports having to be paid for with dollars?

Personally, I think it's a smart move. If I've got a product that others are willing to purchase, they should give me what I want in exchange for my product. Why must I accept dollars for sales of my goods and/or services?

[hyudien]

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.

This is quite interesting when everything has been estimated in advance. In my opinion, Putin had anticipated the risk of sanctions from the start, he would launch his actions on Ukrainian soil. Involving parties to show real alignments. Isn't this as if trying to filter which countries are pro and not. Then after that he imposed the payment of Rubles for the purchase of Gas and Oil. A few days ago, the gasoline shop where I live experienced a 10% increase and it was so bloated that I had to walk. Well, unfortunately, the oil and gas collectors piled it behind the house and then played the hoarding business of gas and oil.

[naira]

I was thinking how stupid the Russian government must be to anger their markets for Oil and Gas in the EU, because after this conflict ....they will have lost market share in Europe and this decision will hurt them in the long run. 

In any way, I do not think there are enough liquidity on Russian exchanges to convert the bitcoins back to Ruble .... they will have to transfer those coins to other "Russian friendly" exchanges to off ramp it into Fiat currencies. 

A lot of money is being sanctioned for Russia, so which one is actually the country that is dubbed the Super Power? Russia or US? When hit with oil, then gas, then pulled companies, the departing Starbucks economy also lost 10%. If I'm not mistaken KFC was also pulled from Russia. Which is where the superpower economy is held by Russia. Hi Chips Industry and also Titanium Industry mostly from Russia. Now Europe is starting to give in and open the way for negotiations.

[fiulpro]

Because of the Sanctions the only thing that the Russians have is this Gas deal therefore if they increase their prices they would be able to gain some money off the sanctions and that is what they are trying to do at the moment as well. When Putin is threatening this he needs to understand that he cannot sit and eat gas or convert it into money therefore he is playing hard ball.

Europe needs Russian gas definately they cannot survive off any energy being deviated from other countries since that would take a while and it would be able to meet all the energy needs of Europe as well. Therefore they have to set prices with him since there are still countries like India who are willing to buy their gas ⛽ which he is providing them with at a much reasonable price even after the increase.

So :
1. Europe needs to set a price up which would not interfere with the sanctions
2. Russia need to stop playing hardball because they are not going to reach anywhere else with this

[kryptqnick]

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.

To be honest, if European countries don't want to freeze to death then they inevitably have to obey the rules set by Putin. This step actually looks cruel but I see this is the last step from Putin to escape the sanctions imposed on Russia.

That's not true, the risks are not nearly as high as you present them, which is why the EU must impose a gas embargo on Russia. There's the statement that EU already has enough gas till the end of winter. Now it's getting warmer, so the matter of gas will become relevant from the next heating season, starting in October. It's half a year away from now, and Germany buys around 40% of gas from Russia (so more than half is already covered by other sources). Also, the US said it'll help EU (and US has quite a lot of gas). Not to mention that if the Western world acted more swiftly right now, they could make the war end sooner, and then they could work out new deals with the new Russian government, including gas deals.

[iv4n]

If you have something that others want then you are in a position to manipulate, that is what Russia is doing, but they are not the only ones using that strategy! In my village, it is said: "everyone pours water on their mill"!
Anyway, we who are crypto enthusiasts should be a little more aware of decentralized markets, in a way everyone has the right to sell what they own for a coin of their choice, so what is different here?! Russia wants to sell gas in rubles? They are free to do that, the gas is theirs, let them sell it for what they want! Whoever wants to buy will find a way, whoever doesn't want to is free to find another seller!

When it comes to business I think people shouldn't get upset too much, after all, it's all business, and in business, there shouldn't be anger! All participants are just trying to get the most from what they have, and we can't blame anyone for trying to do that!

[Leviathan.007]

Putin and his Russian government start to threaten many other countries mostly because they help Ukraine indirectly also they try to blame Russia and support Ukraine in this war in the other hand just because of the war between these two countries Russia is facing many economic sanctions and these sanctions are damaging their economic but after asking this to force them. In my own idea these countries should start finding new gas suppliers so Russia will have less effect on them.

[Silberman]

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.

After reading a little bit more it seems that Putin is somehow softening his position and it seems this is going to be a gradual change and not something as abrupt as it seemed at first, however it seems that at some point this is going to become the new reality for European countries that are against Russia and their designs on the continent, and to be honest this was to be expected, Russia has very few economic weapons but the ones they have are strong, so it was just a matter of time until they used their leverage against Europe.

[Vaskiy]

Russia offer its flagship Urals grade to India at discounts of as much as $35 a barrel. Russia has given access for rupee-ruble-denominated payments using Russia’s messaging system SPFS. The direct purchase is expected to involve Russia’s Rosneft PJSC and the Asian nation’s biggest processor Indian Oil Corporation.

India's decision to bypass the SWIFT system for buying Russian oil have been criticised by the U.S. Australia, Japan and U.K. It looks like India never think of the pressure from these countries. This way India and Russia seems to be highly beneficial out of the sanctions.

[batang_bitcoin]

China got them on their back and that's why they want to make their own rule and avoid and dismantle the traditional dollar pairs for their oil. The countries that are customers to them don't have a choice but just to do whatever they want and they'll keep with the trades.

India's decision to bypass the SWIFT system for buying Russian oil have been criticised by the U.S. Australia, Japan and U.K. It looks like India never think of the pressure from these countries. This way India and Russia seems to be highly beneficial out of the sanctions.

They won't mind it and as usual, a big country that just got the deal with, it's a big lost for Uncle Sam.

[adaseb]

The European countries should of had some plan in place years ago. The way things are going if the war drags on to end of 2022, with winter coming. They will have no choice but to comply and pay in Rubles or whatever currency they want.

This is probably why Putin knew they would throw these types of sanctions at him and he knew that people are too dependent on his resources that they will have to make the trades anyways to survive.

[Sithara007]

Russia offer its flagship Urals grade to India at discounts of as much as $35 a barrel. Russia has given access for rupee-ruble-denominated payments using Russia’s messaging system SPFS. The direct purchase is expected to involve Russia’s Rosneft PJSC and the Asian nation’s biggest processor Indian Oil Corporation.

India's decision to bypass the SWIFT system for buying Russian oil have been criticised by the U.S. Australia, Japan and U.K. It looks like India never think of the pressure from these countries. This way India and Russia seems to be highly beneficial out of the sanctions.

The Americans should mind their own business. First and foremost, the EU countries should do what they preach. On one hand they are asking India to refrain from purchasing the discounted crude and gas from Russia and on the other hand they are continuing to accumulate these commodities from the same source. As of now, the most Russophobic nations in the EU such as Poland and Lithuania receive more than 50% of their gas and oil from Russia. Who are they to give advise to India? We know how to take care of the internal matters in our country and help from EU/US is not needed.

[accounting 181293]

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.

the russian way is pretty good and there is nothing wrong with this. they are trying to make the ruble valuable even though it is being sanctioned. and European countries can't protest this, let alone those who need energy supplies from Russia. so they have to follow what the russians want or there is no energy for them.

[Furious 7]

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.

[Ozero]

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.

Putin and his entourage are accustomed to bluffing and denying the obvious. Sometimes they can't let go of their previous foolish words and deeds and have to endure the unwanted consequences while reassuring that everything is going well and according to plan. Let's see what happens.
Europe has finally realized that it needs to end this constant blackmailing of Russia over energy. Now they are very actively beginning to reorient themselves to other alternative markets, some European countries will be able to do this in the next two years. In the future, Russia will definitely lose because of this blackmail. The reservoirs in Russia are filling up and further it is necessary either to stop the production of oil and gas, or to significantly reduce the price. Therefore, Russia has already started selling oil to India at half price. Further it will be even more interesting. Given that roughly 30 to 50 percent of Russia's budget comes from energy exports, Putin is driving his country into a dead end.

[stompix]

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 .

The only thing that is getting killed is English in your post, plus logic is also near the deathbed.
I often wondered how negative your IQ has to be to think that without gas the whole of Europe will freeze to death when Europe still gets 60% of the gas from outside Russia and it can of course import a lot more LNG during spring when demand is lower in Asia?

In other news:

"Does this mean that if there is no confirmation in roubles, then gas supplies will be cut off from April 1? No, it doesn't, and it doesn't follow from the decree," Peskov told reporters.
He said it would affect payments from the second half of April, and Gazprom would work with its customers to implement the new rules.
Peskov said that Russia could at some point abandon the rouble order if conditions changed, but "in the current conditions, roubles are the most preferable and reliable option for us".

I have a feeling the best conditions to have that changed is for Ukraine's army to each Moscow by end of April, not that it would be impossible.

The Americans should mind their own business. First and foremost, the EU countries should do what they preach. On one hand they are asking India to refrain from purchasing the discounted crude and gas from Russia and on the other hand they are continuing to accumulate these commodities from the same source.

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?

After reading a little bit more it seems that Putin is somehow softening his position and it seems this is going to be a gradual change and not something as abrupt as it seemed at first

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!

[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!" ))

[DanWalker]

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.