Russia’s President Vladimir Putin said Wednesday that he wants “unfriendly” countries to start paying for Russian energy using rubles, a move that could strengthen the value of the weakened Russian currency. Putin made the remarks at a meeting with members of his government, according to a video of his statement provided by state-backed media outlet RT. “We will transition to charging supplies of natural gas and other raw materials in Russian rubles when dealing with unfriendly countries,” Putin said, according to an RT translation of his remarks. “Russia, of course, will continue supplying natural gas and will respect all the obligations and the pricing under the contracts that we have signed,” Putin continued, adding that “we treasure our reputation as a reliable supplier and a reliable partner.” Russian state-backed media Kommersant reported that Putin also instructed the Russian central bank and the government to develop a mechanism to make the ruble payments within …
Putin Wants ‘Unfriendly’ Countries to Pay for Russian Energy in Rubles
March 23, 2022
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