The President signed Executive Order On Amendments to Executive Order of the President of the Russian Federation No 172 of March 31, 2022, On the Special Procedure to Allow Foreign Buyers to Meet Their Commitments to Russian Natural Gas Suppliers.
The amendment stipulates that, until April 1, 2025, a foreign buyer’s commitment to pay for natural gas supplies is considered duly fulfilled if the payment is made in rubles to a ruble account opened by a Russian supplier with a Russian bank.