Gas, Di Maio flies on a mission to in Azerbaijan and Armenia. “We need a European price ceiling”
Roberto CingolaniMinister of Ecological Transaction, reassures the Italians on the supplies of the Russian gas and the relative payment in rubles. If “in the folds of the contract” for the gas supply from Russia “there were elements that are not yet clear now that go against sanctions or contractual commitments, this could complicate things but at the moment it does not seem to be so”, said Cingolani commenting on the decree of the Russian Federation which requires the payment of gas in rubles.
“Initially, he rebuilt CingolaniPresident Putin had said that they would only accept payments in rubles for their gas exports, this would have broken contracts with European importers: the decree, which we have studied in the last few hours, actually requires European importers to have two accounts in Russia, one in euros and the other in rubles “.
“You would pay in euros, then a Russian bank not subject to sanctions would change these euros into rubles and put them on the second account. At this point the importer would give the go-ahead for the payment: if that were the case, all things considered it wouldn’t change. Very, Putin it could show that it receives the payment in rubles, the Europeans could buy in euros “, underlined the minister Cingolani.
“Our goal, he explained Cingolaniis to become independent of Russia very quickly “.” If the Russian gas were to be stopped today, “the minister explained,” we would not have major problems for the next warm months “however” we should be very careful about storage, that is to say the winter reserves but on this we are working well in advance “.
Meanwhile, according to the foreign minister Luigi Di Maio“we need a cap on the price of gas immediately. How Italy we are asking strongly for it and we will go forward with the utmost determination. There can be no hesitation. We are at a critical moment for the whole of Europe and the European Union must show itself courageous. “” We must move quickly and decisively to defend Italian families and the competitiveness of our businesses. Divisions or vetoes are not tolerable, Europe must act united. Italian businesses and citizens cannot pay the price for this international crisis “, added Di Maio, who is on a mission in Azerbaijan and Armenia to strengthen ours energy partnership.
Gas: EU, companies do not join to pay in rubles
“With our G7 partners we have clearly expressed our position: the agreed contracts must be respected. 97% of the contracts in question explicitly provide for payment in euros or dollars. Companies with such contracts should not adhere to Russian demands”, explained the spokesman for European Commissioncommenting on Moscow’s request to receive the Gas payment in rubles.
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