Putin: Russia will view refusal of paying for gas in rubles as breach of contract

If gas buyers from unfriendly states refuse to pay for gas in rubles, Russia will view it as breach of contract, President Vladimir Putin said at the meeting on the situation in the aviation sector.

“If such [ruble] payments are not made, we will consider this to be the buyers’ failure to perform commitments with all ensuing implications,” Putin said on Sunday.

Putin signed earlier the same day the decree stipulating acceptance of payments for gas in rubles.

The Kremlin has said that Moscow is handling the details of its gas delivery plans to unfriendly countries for payment in rubles, but it “won’t engage in charity if Europe refuses to pay in the Russian currency”.

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