Musito Putin anaendelea kufinya makende za western Europeans. The roubles-for-gas requirement only applied to piped gas. Now it will extend to LNG. By the end of the year, buyers of Russian minerals will have to thoroughly acquaint themuselefus with the mighty Rouble because it will be needed to purchase all Russian commodities. Europe sahii wananyamba tu wakiulizana winter itakuaje? Kwani wanadhania wao tu ndio wanajua kuweka sanctions? Washienzi!!
@Akon City II kuja tusome
Russian gas producer Gazprom has proposed expanding its rouble-for-gas scheme for pipeline gas to include liquefied natural gas (LNG), the Interfax news agency quoted a senior manager as saying on Monday.
The proposal from Kirill Polous, a deputy department head at Gazprom, comes after Russia moved to seize operations of the Sakhalin-2 LNG plant last week in retaliation for Western sanctions.
That order, signed by Russian President Vladimir Putin, creates a new firm that will take over all rights and obligations of Sakhalin Energy Investment Co.
Energy firm Shell and Japanese trading companies Mitsui and Mitsubishi hold just under 50% of Sakhalin Energy.
Russia accounts for around 8% of global LNG supply with 40 million tonnes of super-cooled gas per year coming mainly from Sakhalin-2 and Novatek’s Yamal LNG, Russia’s largest LNG plant.
In March, Putin said the world’s largest natural gas producer would require countries he termed unfriendly to pay for piped gas in roubles.
A number of Gazprom’s biggest clients in Europe were cut off after refusing to abide by new rules.
“This is a question of coordinating pipeline gas exports and LNG,” Polous said, adding that there is a foreign exchange competition between the pipeline gas which is sold in roubles and LNG which is taxed in dollars.
Unlike its piped gas sales, the bulk of Russian LNG is consumed in Asia. In Europe, Spain is among the buyers of Russian LNG.
Before the recent conflict in Ukraine, which Moscow calls a ‘special military operation’, Russia had planned to produce as much as 140 million tonnes of LNG by 2035, or a quarter of current global LNG exports. It has since suggested this target may have to be delayed.