Date: 9 months ago   Category: Energy

Gazprom studies the mechanism of payment for gas with a binding to gold — Rambler News Service


The Gazprom export company studies the mechanism of payment for gas in national currencies with a binding to the gold price, the head of department of the general economy of contracts of Gazprom export Artem Aksenov has reported. "We have several reasons as there have to be payments in national currencies... They have to be provided with some uniform denominator, including it can be in the form of gold. Were studied by us and such mechanisms that in principle it is possible to pay off paper gold (the depersonalized metal accounts)" — Aksenov whose words the drive Reuters agency has told. Now Gazprom uses ruble, dollar, euro and pound sterling for payment for gas. "In all contracts at the moment we have a possibility of payments in Russian rubles, that is our partners who under long-term contracts buy gas from us, if desired the can pay for it rubles, in some contracts the alternative choice of currencies is established - it is the main world reserve currencies" — Aksenov has explained. According to him, gold is considered as the alternative mechanism of payments in national currencies at which converting of the currency used by the buyer of gas in rubles is tied to the metal price. It gives the chance to the buyer to pay for gas in the national currency, and to Gazprom to receive rubles. Aksenov has added that this mechanism difficult and bears risks, including tax.

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