Russia's Gazprom seeks gas payments in euros from India's GAIL: Sources - Economic Times


3/25/2022 12:00:00 AM3 years 11 months ago
by Reuters

GAIL has a long-term gas import deal with Gazprom Marketing & Trading Singapore to annually buy 2.5 million tonnes of liquefied natural gas and has been settling trade with Gazprom in dollars.

Gazprom has asked India's largest gas transmitter GAIL (India) to pay for gas imports in euros instead of dollars, two sources said, in a sign the Russian energy giant seeks to wean itself away from … [+1986 chars]

full article...