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May 17 • 5 tweets • 3 min read
Eni: Has Started Procedure to Open Account with Gazprom Bank. Procedure Will Be Without Acceptance of Contractual Amendments Unilaterally Requested. In Porcess of Opening Two K Current Accounts at Gazprom Bank on Precautionary Basis, One in Euros, One in Roubles.
#ONGT #natgas
Eni: Decision Has Been Shared with the Italian Institutions in Compliance with Current International Sanctions Framework. Gazprom Export, Russian Authorities Have Confirmed Invoicing, Payment Will Continue in Euros.
#ONGT #natgas
Eni: Moscow Stock Exchange Will Carry out Conversion into Roubles, Without Involvement of Central Bank of Russia.
#ONGT #natgas
Eni Says Payments in This Way Should Be Neutral in Terms of Both Cost and Risk, and Not Incompatible with Existing Sanctions.
#ONGT #natgas
Eni: Procedure Will Not Expose Co to Risk of Violating Contractual Obligations or to Any Potential Supply Disruption to Customers. Reaffirm Intention to Comply with Any Possible Future Regulatory Provision That May Sanction Gas Trading or Its Current Counterparties.
#ONGT #natgas

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More from @Sino_Market

CN Wire Profile picture
May 18
Yellen: US committed to market-determined USD exchange rate. It's understandable that the dollar has risen. Strong dollar is a concern for other countries. USD-denominated debt payments harder for other nations.
#US $USD
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May 18
⚡China's Premier Li Keqiang says to support platform economy and digital economy's domestic and overseas listing and financing.
#China $ASHR $KWEB $FXI
⚡China's Premier Li Keqiang repeats vows to support tech platforms, private sector.
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May 18
European Commisison Unveils Plan to End Reliance on Russian Gas, Oil and Coal by 2027.
#OOTT #ONGT #EU #Russia
European Commission: EU Needs 210 Billion Euros in Extra Investments by 2027 to Exit Russian Gas, 300 Billion Euros by 2030. Ask Countries to Revise Plans to Spend More Covid-19 Recovery Funds on Quitting Russian Gas.
#OOTT #ONGT #EU #Russia
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#ONGT
Read 5 tweets
CN Wire Profile picture
May 18
#Tencent's 1Q:
Revenue 135.5 billion yuan, consensus 141.06 B
Net income 23.4 billion yuan, consensus 29.31 B
Net other income gains 13.1 billion yuan, consensus 13.06 B
Online advertising revenue 18 billion yuan, consensus 18.59 B
#Tencent ADR falls over 3% premarket. $TCEHY
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#Tencent $TCEHY
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CN Wire Profile picture
May 17
CHINA VP LIU HE VOWS SUPPORT FOR DEVELOPMENT OF PLATFORM COS: CCTV
#China $KWEB $FXI
China vice premier Liu He: Will support digital companies to list in domestic and foreign capital markets. Will support sustainable and healthy development of platform economy and private economy.
#China $KWEB $FXI
China vice premier Liu He speaks at digital economy meeting and urges boosting digital economy.
#China $KWEB $FXI
Read 4 tweets
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May 17
ECB’s Knot: 25 bps rate hike in July is realistic. 50 bps rate hike should not be excluded if data in next few months suggests that inflation is broadening, accumulating.
#ECB $EUR
TRADERS BET ON ONE PERCENTAGE POINT OF ECB RATE HIKES IN 2022.
#ECB $EUR
US Dollar Index falls 0.6% to 103.52, euro rises above 1.05 vs dollar, up 0.7% on day. $EUR $USD #ECB
Read 4 tweets

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