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Pierre Noël Profile picture
Pierre Noël
@_PierreNoel_
Center on Global Energy Policy, Columbia University
Apr 1, 2022 • 8 tweets • 3 min read
1/8 Russia is demanding that European buyers pay for their gas in roubles. The driver for that is the freezing of #Russian foreign reserves and the #sanctions on the central bank.
#SanctionsRussia #NaturalGas #EnergyCrisis 2/8 Nominally, buying Russian gas is not banned, but that supposes that Russia will accept currency instruments it can't sell to support the rouble.