
Workers at a gas distribution station. File photoMOSCOW, May 3.The Financial and Capital Market Commission (FCMC) of Latvia refused to issue a special permit to Latvijas Gāze to pay for Russian gas in rubles, a representative of the regulator told Leta. does not authorize payments to companies. According to the commentary of the regulator, approval is possible only for financial institutions that have applied with requests to make payments to sanctioned persons in certain exceptional cases. «The issuance of such a decision is all the more impossible if permission is required for transactions with a Russian credit institution that is not subject to the supervision of the FCMC in any way. <…> In addition, the FCMC notes that, in accordance with the general position of the European Commission, it is now possible to obtain Russian gas if this is done within the framework of existing agreements and their conditions. Other possibilities are currently not considered, are impossible and can be regarded as attempts to circumvent sanctions,» the agency reports the position of the department. Earlier, the management of Latvijas Gāze reported on the company's official website that «the procedure for paying for gas in Russian rubles does not formally violate the sanctions regime and is possible.» However, this publication is not available now. pressure on Moscow. Many countries have announced the freezing of Russian assets. Calls to reduce dependence on Russian energy resources have become louder in Europe. Under these conditions, since April 1, Russia has been accepting payments for gas only in rubles. The importer must open a special account with Gazprombank, to which he will transfer funds in the currency specified in the contract, the bank will sell this currency on the Moscow Exchange and credit rubles to the account of the gas buyer, from which settlements with the supplier will be made.
In Italy, they proposed to allow companies to pay for Russian gas in rubles

