The Russian company Gazprom will switch to calculations in rubles and yuan when gas supplies to China. This was stated by the head of the corporation Alexei Miller, the press service of Gazprom
said
“The new payment mechanism is a mutually beneficial, timely, reliable and practical solution,” Miller said.
Now Gazprom and the Chinese oil and gas corporation CNPC will transfer payment for gas supply through the Siberian Power Pipel in the yuan and rubles. The parties agreed and signed an agreement on this on the online meeting of the head of the Russian company Alexei Miller and the chairman of the CNPC board of directors, Laugles in the Eastern Economic Forum.