Slovak Economy Minister Says Ready To Pay For Russian Gas Supplies In Rubles
Faizan Hashmi Published April 03, 2022 | 06:30 PM
PRAGUE (UrduPoint News / Sputnik - 03rd April, 2022) Slovakia cannot give up Russian gas and will pay for supplies in rubles if needed, Slovak Economy Minister Richard Sulik said on Sunday.
On Thursday, Russian President Vladimir Putin signed a decree stipulating that all contracts for gas supplies with companies registered in "unfriendly" countries be settled only in rubles starting April 1.
"The (Russian) gas supplies cannot be stopped. So, although this might sound too pragmatic for some, if there is a condition to pay (for Russian gas) in rubles, we will pay in rubles," Sulik told the Slovak television.
Bratislava is purchasing about 85% of its gas from Russia, and even though diversification of supply is beneficial for the country, it will take several years to achieve, the minister noted.
Europe has about six weeks to settle the current issue with payments for Russian gas supplies, he said.
"I advocate that we act together on this issue within the framework of the European Union and seek a common solution. But we cannot be cut off from gas," Sulik added.
Related Topics
Recent Stories
Fresh wave of rainfall in AJK continues for the second consecutive day
Babar, bowlers help Pakistan level series 2-2 against New Zealand
Attack in restive Chilean province leaves three police officers dead
PM, Saudi Royal court advisor discuss ways to boost economic ties
England clinch third successive Women's Six Nations Grand Slam
DC Bahawalnagar leads fight for fair bread prices
Sheffield Utd relegated from Premier League
02 proclaimed offenders arrested by Wah Police
Pakistan level T20I series with nine-run victory over New Zealand
Minister meets Chinese Consul General, discusses bilateral cooperation, Chinese ..
MS Children Hospital takes over charge
3 dacoits arrested, illegal weapons recovered
More Stories From Business
-
Cotton to be sown on 4m acres this year
5 hours ago -
China innovation driving global cooperation: international auto experts hail Chinese technology
5 hours ago -
Chinese market as key to electrification: Global auto giant executives
5 hours ago -
KP desires to seek gems’ sector accreditation from Thailand: SACM
7 hours ago -
LCCI urges PM to halt implementation of SRO 350(I)/2024
9 hours ago -
Business community demands reduction in interest rate
8 hours ago
-
Ethiopian envoy urges Pakistani banks to open branches in Addis Ababa
10 hours ago -
Govt's wheat procurement target increased upto 1.8 metric tons
10 hours ago -
SECP grants license to ever first Study Now Pay Later digital platform
11 hours ago -
Minister condemns unilateral urea fertilizer price hike
11 hours ago -
Turkmenistan to complete TAPI energy project with regional countries
12 hours ago -
Gold rates decrease by Rs.600 per tola to Rs244,400
12 hours ago