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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Putin Wants Rubles For Russian Gas (37746 Views)
EU Agrees To Pay For Russian Gas In Rubles Without Breaching Sanctions / Poland Refuses To Pay For Russian Gas In Rubles / Macron: Putin Wants All Of Ukraine And Worse Is To Come (2) (3) (4)
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Putin Wants Rubles For Russian Gas by naijapower(m): 3:16pm On Mar 23, 2022 |
The change will affect energy exports to "unfriendly countries" Russia will now accept payment for gas exports to "unfriendly countries" in rubles only, President Vladimir Putin said at a meeting with the government on Wednesday.https://www.rt.com/business/552546-putin-wants-rubles-russian-gas/ 50 Likes 3 Shares |
Re: Putin Wants Rubles For Russian Gas by Hezzyluv: 3:17pm On Mar 23, 2022 |
Walaii.... This man no just get sence. Prior to his invasion on Ukraine, a lot of people don't even know the unit of Russian currency. Swallow your pride and allow peaceful negotiable approach to this your madness Because, as it stands you have put your country into retrogression economically ![]() 122 Likes 14 Shares |
Re: Putin Wants Rubles For Russian Gas by qekng40(f): 3:23pm On Mar 23, 2022 |
Nice one ![]() An eye for an eye ![]() 214 Likes 10 Shares |
Re: Putin Wants Rubles For Russian Gas by Nobody: 3:24pm On Mar 23, 2022 |
Very good move 216 Likes 9 Shares |
Re: Putin Wants Rubles For Russian Gas by dawnomike(m): 3:32pm On Mar 23, 2022 |
naijapower:This makes sense..... The World economy is designed to make the dollar stronger 239 Likes 12 Shares |
Re: Putin Wants Rubles For Russian Gas by mployer(m): 3:32pm On Mar 23, 2022 |
He is not the sole supplier of gas. 27 Likes 5 Shares |
Re: Putin Wants Rubles For Russian Gas by naijapower(m): 3:33pm On Mar 23, 2022 |
This strategy will cause the Ruble to appreciate and ensure stability of the russia economy. As Germany, and other EU nations will have to source for Ruble to pay for gas. Trading in Ruble has always been the desire of Putin and russia. The reason why the US attack Iraq, Libya, Syrie etc was because they wanted to abandon the use of dollar for trade. 345 Likes 28 Shares |
Re: Putin Wants Rubles For Russian Gas by ivolt: 3:41pm On Mar 23, 2022 |
Some smart bloke is messing with Putin's head. If Russia will only accept Rubble, that means the buyers must get Rubles somehow. Since buyers can't print their own Ruble, they have to buy it and guess with what currency? Euro or Dollar of course and we are back to square one. While this move will prop up the value of Ruble a bit, it won't save Russia's economy in the long run should the invasion continue. 47 Likes 5 Shares |
Re: Putin Wants Rubles For Russian Gas by talktimi(m): 3:51pm On Mar 23, 2022 |
Nigerians exposing their ignorance as usual ![]() 35 Likes 4 Shares |
Re: Putin Wants Rubles For Russian Gas by fourboys: 3:53pm On Mar 23, 2022 |
Dead on arrival ![]() 2 Likes 3 Shares |
Re: Putin Wants Rubles For Russian Gas by BloomingDale(f): 4:06pm On Mar 23, 2022 |
Hezzyluv: Better swallow your pride and go and buy rubles if you want to purchase Russian gas. 276 Likes 17 Shares |
Re: Putin Wants Rubles For Russian Gas by BloomingDale(f): 4:07pm On Mar 23, 2022 |
26 Likes 1 Share |
Re: Putin Wants Rubles For Russian Gas by Hezzyluv: 4:16pm On Mar 23, 2022 |
BloomingDale: Lol.... The one wey dey warri plenty and n fuel cost8) 1 Like |
Re: Putin Wants Rubles For Russian Gas by 989900: 4:17pm On Mar 23, 2022 |
Putin grasping at straws . . . I wouldn't have thought Putin was this dumb some few months ago! Abuse of anything: from power to pleasures, can easily seal a man's downfall. He is getting desperate and making counter-productive and irrational decisions. 6 Likes 2 Shares
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Re: Putin Wants Rubles For Russian Gas by Vamces: 4:17pm On Mar 23, 2022 |
....
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Re: Putin Wants Rubles For Russian Gas by Blackfire(m): 4:18pm On Mar 23, 2022 |
Walahi putin dey NL ![]() |
Re: Putin Wants Rubles For Russian Gas by RedEnergy: 4:18pm On Mar 23, 2022 |
![]() ![]() ![]() ![]() 100 Likes 9 Shares
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Re: Putin Wants Rubles For Russian Gas by Kennyfancy(m): 4:18pm On Mar 23, 2022 |
H |
Re: Putin Wants Rubles For Russian Gas by Ethannathan(m): 4:18pm On Mar 23, 2022 |
O |
Re: Putin Wants Rubles For Russian Gas by kponkedenge(m): 4:18pm On Mar 23, 2022 |
It depends how much countries hold in Rubles. If the countries don't have enough - it means they can't buy gas and oil (presumably excepting anything already agreed/contracted in £,$ etc). For Putin - his economy is in free fall - this could (temporarily) increase the value of the Ruble. It means countries will have to buy Rubles from others, thereby driving up the price. It would be the same impact as Russia buying Its own currency - but because of its foreign reserves being frozen it can't do. This is less of a retaliation and more a necessity for Russia. 31 Likes 1 Share |
Re: Putin Wants Rubles For Russian Gas by Dpharisee: 4:18pm On Mar 23, 2022 |
Germany has announced that their companies won't be leaving Russia and they have no alternative to Russian gas. Germany is currently planning on building an LNG terminal which we enable companies import LNG from Qatar on condition that China which has payed ahead agrees to resell certain quantities 80 Likes 3 Shares |
Re: Putin Wants Rubles For Russian Gas by wwwihy: 4:18pm On Mar 23, 2022 |
The guy is feeling the heat |
Re: Putin Wants Rubles For Russian Gas by Anaerobi(m): 4:19pm On Mar 23, 2022 |
Ok |
Re: Putin Wants Rubles For Russian Gas by Nobody: 4:19pm On Mar 23, 2022 |
Ewooo just imagine every nation demanding to be pay with their currency ![]() ![]() 106 Likes 7 Shares |
Re: Putin Wants Rubles For Russian Gas by 27Pushing30: 4:19pm On Mar 23, 2022 |
mployer: Lol keep talking crap Here in Naija diesel has hit N800/liter even manufacturers are groaning Keep deceiving yourself 55 Likes 4 Shares |
Re: Putin Wants Rubles For Russian Gas by NOETHNICITY(m): 4:19pm On Mar 23, 2022 |
Best way out for Russia The US weaponization of the dollar will be it's undoing SocialJustice:So says an African US asslicker 86 Likes 5 Shares |
Re: Putin Wants Rubles For Russian Gas by SocialJustice: 4:20pm On Mar 23, 2022 |
Biafran4life:What's good about the move? Who do you think will stress to meet such demands when other countries have gas to sell. Putin is a stupid man and it is getting clearer for the world to see. 7 Likes |
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