“Several traders, maybe more than five, have started payments,” one source said on condition of anonymity because they were not authorised to speak to the media. Russian President Vladimir Putin has demanded that countries he terms “unfriendly” must pay for gas in roubles or be cut off. Under the new Russian payment system, buyers are obliged to deposit euros or dollars into an account at Gazprombank, which has then to convert them into roubles, place the proceeds in another account owned by the foreign buyer and transfer the payment in Russian currency to Gazprom.
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