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10 EU countries are quietly buying gas in rubles

10 EU countries are quietly buying gas with rubles - Photo 1.

Without gas from Europe, many countries could suffer. Photo: AP

While many European leaders have publicly stated that they will not buy Russian gas in rubles as requested by President Vladimir Putin, 10 European Union (EU) countries have quietly followed the plan. Putin’s plan,” Hungarian official Gergely Gulyas told public broadcast on May 1.

According to Mr. Gulyas, the leaders of these countries do not admit it because they do not want to be “boycotted”.

Mr. Gulyas said that Hungary had opened a euro account with Russia’s Gazprombank, which would then convert the payments into rubles before giving them to suppliers in Russia.

The system allows European countries to comply with Putin’s demand that “unfriendly” countries pay in rubles if they want to buy natural gas from Moscow.

“There are nine other countries that are also using the same payment method, but if this information is revealed, it also means that the leaders of those countries have not been truthful when speaking on the international stage or with the public. their own people. They will certainly remain silent,” said Gulyas, Prime Minister Viktor Orban’s chief of staff.

It is not clear which EU countries Mr Guylas is referring to.

Gazprom stopped supplying gas to Poland and Bulgaria after both refused to pay in rubles. But a Bloomberg report last week said that 10 of the EU member states have set up accounts with Gazprombank, and 4 have actually paid for Russian gas using this mechanism.

Hungary is almost entirely dependent on Russia for gas, so Budapest has opposed EU sanctions on this vital commodity. On May 1, Mr. Gulyas also reiterated his commitment to Russia’s energy and opposed Brussels’ sanctions.

“We should not impose sanctions that could harm ourselves,” he said. He mentioned soaring energy costs across Europe. The Budapest government still condemns Russia’s military activity in Ukraine, but Mr Guylas said “Hungary will continue to buy energy as cheaply as possible”.

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