EU energy import statistics and reports

Putin Lifts Gazprombank Payment Requirement for Russian Natural Gas Imports Amid U.S. Sanctions Decree

Dec 5, 2024, 04:52 PM

Russian President Vladimir Putin has officially lifted the requirement for European Union importers to make payments for Russian natural gas exclusively through Gazprombank. This decision, confirmed by multiple sources, comes amid ongoing concerns regarding U.S. sanctions on the bank, which had raised fears of potential disruptions in gas supplies. The decree allows for more flexible payment options for EU countries, potentially alleviating some of the tensions surrounding energy imports from Russia.