The European Commission approves scheme of payment for Russian gas in rubles proposed by the Russian authorities in a closed meeting.
The executive body of the European Union also informed the national European governments that the European Commission will not prevent them from opening accounts in euros and dollars in Gazprombank, through which gas payments are made.
In the new guidance, the commission plans to tell companies they should make a clear statement that they consider obligations fulfilled once they pay in euros or dollars, in line with existing contracts, according to people familiar with the matter.
The bloc could also cap gas prices if Russia cuts or significantly limits shipments, according to a draft of energy-market intervention measures as seen by the experts.
