Austria's OMV and other companies agree to make gas payments in rubles
2 years ago
15
Austria’s oil and gas conglomerate OMV has said its payment for Russian gas under the new ruble settlement mechanism was successful.
The conditions require buyers to open two accounts in Gazprombank – one in rubles and one in foreign currency. The buyer can deposit their currency of choice in their foreign currency account. The Russian bank automatically exchanges the currency into rubles, which are then transferred to the ruble account for payment to Gazprom.
Here's the link:
https://www.rt.com/business/556441-austria-makes-ruble-gas-payment/
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