{"id":62308,"date":"2022-03-28T11:44:09","date_gmt":"2022-03-28T16:44:09","guid":{"rendered":"https:\/\/olduvai.ca\/?p=62308"},"modified":"2022-03-28T11:44:09","modified_gmt":"2022-03-28T16:44:09","slug":"kremlin-threatens-to-halt-supplies-as-g7-ministers-reject-unacceptable-demand-to-pay-for-gas-in-rubles","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=62308","title":{"rendered":"Kremlin Threatens To Halt Supplies As G7 Ministers Reject &#8220;Unacceptable&#8221; Demand To Pay For Gas In Rubles"},"content":{"rendered":"<header class=\"ArticleFull_header__Eyn7V\">\n<h3 class=\"ArticleFull_title__MEgbb\"><a href=\"https:\/\/www.zerohedge.com\/markets\/here-are-all-latest-news-and-developments-ukraine-war-march-28\">Kremlin Threatens To Halt Supplies As G7 Ministers Reject &#8220;Unacceptable&#8221; Demand To Pay For Gas In Rubles<\/a><\/h3>\n<\/header>\n<div class=\"NodeContent_mainContent__t4rGu\">\n<div class=\"NodeContent_body__6iJOI NodeBody_container__hI8PI\">\n<p><u><strong>Update(9:01ET)<\/strong><\/u><strong>:\u00a0<\/strong>Russia on Monday has issued a firm and\u00a0unyielding response to G-7 ministers who had dismissed as &#8220;unacceptable&#8221; its plan to only accept ruble payments for Russian gas going to &#8220;unfriendly&#8221; nations.<\/p>\n<p>Earlier Monday German Economy Minister Robert Habeck said from Berlin that the Kremlin demand for natural gas contracts to be paid in rubles is a &#8220;one-sided and clear breach of contracts&#8221; &#8211; saying the contracts must be honored under prior conditions, according to\u00a0<em>Bloomberg<\/em>.\u00a0<strong>&#8220;That means that a payment in rubles is not acceptable and we urge the relevant companies not to comply with Putin\u2019s demand,&#8221;<\/strong>\u00a0Habeck said. &#8220;Putin\u2019s effort to drive a wedge between us is obvious but you can see that we won\u2019t allow ourselves to be divided and the answer from the G-7 is clear: the contracts will be honored.&#8221;<\/p>\n<p>The Kremlin&#8217;s quick shooting down of the German economy minister&#8217;s comments and the G-7&#8217;s stance on the ruble came Monday via a Russian lawmaker to state-run\u00a0RIA Novosti: &#8220;Russian lawmaker Abramov says G7&#8217;s refusal to pay in Russian roubles for gas\u00a0<strong>will definitely lead to a halt in supplies<\/strong>.&#8221;<\/p>\n<div class=\"AdvertisingSlot_desktop__lDlm4 AdvertisingSlot_tablet__MndqJ AdvertisingSlot_mobile__7vsEF AdvertisingSlot_placement__b8TLC AdvertisingSlot_align__800B1\">\n<aside id=\"in-content-video\" class=\"AdvertisingSlot_verticallySpaced__MBqFK\" data-google-query-id=\"COqy_4Cg6fYCFQpW7AodE8wODg\">\n<div id=\"google_ads_iframe_\/21841313772,21778456762\/zerohedge\/in_content_video_0__container__\"><iframe id=\"google_ads_iframe_\/21841313772,21778456762\/zerohedge\/in_content_video_0\" tabindex=\"0\" title=\"3rd party ad content\" role=\"region\" name=\"google_ads_iframe_\/21841313772,21778456762\/zerohedge\/in_content_video_0\" width=\"1\" height=\"1\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" sandbox=\"allow-forms allow-pointer-lock allow-popups allow-popups-to-escape-sandbox allow-same-origin allow-scripts allow-top-navigation-by-user-activation allow-presentation\" aria-label=\"Advertisement\" data-google-container-id=\"5\" data-load-complete=\"true\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<div class=\"ac-widget-placeholder ac-reset\" data-loaded-pid=\"zerohedgecom\" data-loaded-wid=\"0011r00002RYAhn_1419\">\n<div id=\"ac-lre-player-ph-ext-YkquqO4HkYysOmCWKiLWwJqpSEE9jgmV\" class=\"ac-lre-player-ph-ext ac-lre-ph-playlist-hide-scroll-bar ac-lre-carousel-horizontal ac-lre-carousel-legacy\">\n<div id=\"ac-lre-player-ph-YkquqO4HkYysOmCWKiLWwJqpSEE9jgmV\" class=\"h0011r00002RYAhn_1419 d0011r00002RYAhn_1419\">\n<div class=\"w0011r00002RYAhn_1419 luminous-theme\">\n<div class=\"brand-container font-fix\">\n<div class=\"ac-branding-left-text\">Recommended Videos<\/div>\n<div class=\"ac-branding-right-text\"><\/div>\n<\/div>\n<div class=\"ac-player-ph\">\n<div class=\"ac-player-wrapper ac-mobile-landscape\">\n<div class=\"ac-lre-player\">\n<div id=\"ac-lre-vjs-YkquqO4HkYysOmCWKiLWwJqpSEE9jgmV\" class=\"video-js vjs-default-skin vjs-paused ac-lre-vjs-YkquqO4HkYysOmCWKiLWwJqpSEE9jgmV-dimensions vjs-fluid vjs-controls-enabled vjs-workinghover vjs-v7 vjs-user-active vjs-layout-medium lx-size-1\" lang=\"en-us\" tabindex=\"-1\" role=\"region\" aria-label=\"Video Player\">\n<div class=\"lre-vjs-gradient-to-bottom lre-gradient-to-bottom basic-gradient-styling\"><\/div>\n<div class=\"lre-vjs-gradient-to-top lre-gradient-to-top basic-gradient-styling\"><\/div>\n<div class=\"lre-vjs-video-title-block lre-title-container\">\n<div class=\"lre-title-text\">\n<div class=\"lre-title-text-content\"><\/div>\n<\/div>\n<\/div>\n<div class=\"vjs-text-track-display\" aria-live=\"off\" aria-atomic=\"true\">\n<div><\/div>\n<\/div>\n<p><button class=\"vjs-big-play-button\" title=\"Play Video\" type=\"button\" aria-disabled=\"false\"><span class=\"vjs-control-text\" aria-live=\"polite\">Play Video<\/span><\/button><a class=\"ac-logobrand-image-destination\" href=\"https:\/\/anyclip.com\/?source=logo&amp;wid=0011r00002RYAhn_1419\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"ac-logobrand-image\" src=\"https:\/\/assets.anyclip.com\/anyclip-widget\/lre-widget\/assets\/lre_theme\/anyclip-logo-rb.png\" width=\"42px\" height=\"22px\" \/><\/a><\/div>\n<\/div>\n<div class=\"lre-cancel-float font-fix\"><\/div>\n<\/div>\n<\/div>\n<div class=\"ac-lre-playlist-horizontal\">\n<div id=\"ac-lre-ph-playlist-horizontal\" class=\"ac-lre-playlist-text\">\n<div class=\"ac-lre-playlist-rail\"><\/div>\n<\/div>\n<div id=\"ac-lre-btn-playlist-horizontal-prev\" class=\"ac-lre-btn-nav\" data-navigate=\"prev\">\n<div><\/div>\n<\/div>\n<div id=\"ac-lre-btn-playlist-horizontal-next\" class=\"ac-lre-btn-nav\" data-navigate=\"next\">\n<div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/aside>\n<\/div>\n<p>Elsewhere the Kremlin said it&#8217;s not running a &#8220;charity&#8221; &#8211; according to\u00a0<a href=\"https:\/\/tass.com\/politics\/1428229\">TASS<\/a>:<\/p>\n<blockquote><p>Moscow is handling the details of its gas delivery plans to unfriendly countries for payment in rubles, but\u00a0<strong>it won\u2019t engage in charity<\/strong>\u00a0<strong>if Europe refuses to pay in the Russian currency<\/strong>, Kremlin Spokesman Dmitry Peskov told reporters on Monday.<\/p>\n<p>&#8230;The Kremlin spokesman remained tight-lipped on what measures Russia might take if Europe refused to pay for gas in rubles, noting that these &#8220;issues should be sorted out as they develop.&#8221; &#8220;<strong>But we will definitely not supply gas for free, that\u2019s for sure<\/strong>. It is hardly possible and reasonable to engage in charity in our situation,&#8221; he emphasized.<\/p><\/blockquote>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kremlin Threatens To Halt Supplies As G7 Ministers Reject &#8220;Unacceptable&#8221; Demand To Pay For Gas In Rubles Update(9:01ET):\u00a0Russia on Monday has issued a firm and\u00a0unyielding response to G-7 ministers who had dismissed as &#8220;unacceptable&#8221; its plan to only accept ruble payments for Russian gas going to &#8220;unfriendly&#8221; nations. Earlier Monday German Economy Minister Robert Habeck [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3,5],"tags":[1997,281,328,4349,349,471,22725,694,4318],"class_list":["post-62308","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","category-geopolitics","tag-economic-sanctions","tag-europe","tag-fossil-fuels","tag-g7","tag-gas","tag-kremlin","tag-rubles","tag-russia","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62308"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62308\/revisions"}],"predecessor-version":[{"id":62309,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62308\/revisions\/62309"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}