FRANKFURT -Uniper, Germany’s most important importer of Russian fuel, on Monday stated it will be doable to pay for future provides with out breaching European Union sanctions regardless that Moscow has demanded funds in roubles.
Russia’s demand for fuel funds in roubles has been a serious headache for European prospects, primarily as a result of opaque nature of the request and its potential to violate present EU sanctions on Russia.
“In accordance with an preliminary and subsequently nonetheless non-binding evaluation, we nonetheless think about a compliant future fee processing to be possible,” Uniper stated in an e-mailed assertion.
Uniper stated it was important for the German utility to behave in accordance with sanctions legislation and that it was in shut contact with the German authorities on the difficulty with out offering extra particulars.
The European Fee had stated on Friday that EU corporations would possibly be capable to work round Russia’s demand for rouble funds with out breaching sanctions.
Uniper final month stated it is not going to make any new investments in Russia or enter into new long-term provide contracts for pure fuel within the nation however would proceed to satisfy present contracts.
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