G7 rejects Russia’s demand for paying Russian LNG supplies in Rubles

In a statement Germany’s German economy and climate protection minister Robert Habeck said, energy ministers from the Group of Seven industrialized countries have rejected demands by Russian President Vladimir Putin to pay for Russian gas in Rubles.

“All G7 ministers have agreed that this is a unilateral and clear breach of existing contracts,” said Habeck following a virtual conference with G7 energy ministers.

The ministers “underlined once again that the concluded contracts are valid and the companies should and must respect them … payment in roubles is unacceptable, and we call on the companies concerned not to comply with Putin’s demand,” said Habeck.

He went on to add, “Putin’s attempt to divide us is obvious, but – as you can see from this great unity and determination – we will not be divided.”

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