Eni will continue to pay for Russian gas in euros but has started the procedure for opening two accounts, one in euros and one in rubles, with Gazprom Bank “without accepting unilateral changes to existing contracts”.
This was announced by Eni explaining that “the opening of the accounts takes place on a temporary basis and without prejudice to any of the contractual rights of the company, which provide for the fulfillment of the obligation to pay against the payment in euros. This express reserve will also accompany the execution of related payments “.
The two current accounts called K, were opened in agreement with the Italian institutions and in compliance with the international sanctions framework, in the context of an ongoing discussion with Gazprom Export “against which, Eni specifies,” any cost or risk associated with the different execution of payments “.
Source: Ansa
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