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The Latest Breaking News from Gazprombank

Russia-Ukraine war: G7 leaders pledge to further isolate Moscow

Latest show of support for Ukraine comes as Russia prepares to celebrate the defeat of Nazi Germany during World War II.

Al Jazeera · May 8, 2022

U.S. imposes sanctions on 27 Gazprombank executives, Russian TV stations

The United States on Sunday unveiled sanctions against three Russian television stations, banned Americans from providing accounting and consulting services to Russians, and sanctioned executives from Gazprombank to punish Moscow for its invasion of Ukraine.

Reuters · May 8, 2022

US unveils new sanctions on Russia, targeting services, media and defense industry

New measures are primarily intended to close loopholes in existing sanctions and to tighten the noose around Russian economy

The Guardian - US · May 8, 2022

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Explainer-How the U.S. could tighten sanctions on Russia

The United States has imposed several rafts of sanctions on Russia over its invasion of Ukraine in February, targeting its central bank, major lenders, oligarchs and Russian President Vladimir Putin.

Reuters · May 8, 2022

Suspicious deaths of six Russian oligarchs look like Kremlin murders, experts say

Experts believe the murder-suicides of six prominent Russian businessmen are the work of Vladimir Putin and the Kremlin as they try to send a message to oligarchs and civilians

Daily Mirror · May 5, 2022

‘I want to see Putin hanged’, says Gazprom executive who fled Russia

‘Putin has to be put on trial and hanged. But only in accordance with the law’

The Independent UK · May 2, 2022

Europe scrambles for long-term fix after Putin cuts off gas

European energy providers open Russian rouble accounts for gas, challenging bloc’s united front against Moscow.

Al Jazeera · May 2, 2022

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Russia-Ukraine latest updates: Germany ‘ready’ to ban Russian oil

Ukraine news from May 2: Economy minister says Berlin could back embargo, as EU energy ministers debate fresh sanctions.

Al Jazeera · May 2, 2022

Gazprombank account not necessarily breach of sanctions -German Ministry

European energy firms can open special accounts with Gazprombank to pay for Russian gas, a key demand by Moscow, without breaching sanctions if transferring euros or dollars to them fulfils their contractual obligations, the German Economy Ministry said.

Reuters · Apr 29, 2022

'I'm not afraid', says ex-Gazprombank executive who defected to Ukraine

A former senior executive at Russian lender Gazprombank said on Thursday that he fled Russia for Ukraine hoping to take up arms against Moscow's invasion and that he believed President Vladimir Putin was leading Russia to catastrophe.

Reuters · Apr 28, 2022

Putin Gas Cutoff Shakes up Europe at Little Cost to Kremlin

Cutting off natural gas to Poland and Bulgaria cost Russian President Vladimir Putin very little - but it is adding stress on European countries wrestling over how to reduce energy imports that are feeding the Kremlin's war chest and how to keep a united front on the war in Ukraine.…

Asharq Al-Awsat · Apr 28, 2022

Putin gas cutoff shakes up Europe at little cost to Kremlin

Russian President Vladimir Putin is putting pressure on European governments with his proposal to pay for oil and gas in rubles

The Independent UK · Apr 28, 2022

How EU energy firms plan to pay for Russian gas without breaking the law

Germany, Hungary and others are devising ways they can use roubles to pay Gazprom and not be in breach of sanctions

The Guardian - UK · Apr 28, 2022

Europe struggles for clarity on Russia's roubles-for-gas scheme

The European Commission on Thursday warned buyers of Russian gas they could breach sanctions if they converted gas payments into roubles, as officials struggled to clarify the EU's stance on Moscow's payments scheme, which has sowed confusion in the bloc.

Reuters · Apr 28, 2022

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The Guardian - UK · Apr 28, 2022

German and Austrian energy firms seek to meet Putin’s terms for gas payments

Uniper and OMV to open rouble accounts with Gazprombank after Russia refuses dollars or euros

Al Jazeera · Apr 27, 2022

Russian gas crisis: 5 things to know about Europe’s supply

Russia is cutting gas supplies to Poland and Bulgaria, and is threatening to cut off other countries in Europe.

The Independent UK · Apr 27, 2022

EXPLAINER: What's behind Russia's natural gas cutoff?

Russia's playing hardball on natural gas

Asharq Al-Awsat · Apr 23, 2022

EU Says Pay for Russian Gas in Euros to Avoid Breaching Sanctions

EU companies may be able to work around Russia's demand to receive gas payments in rubles without breaching sanctions if they pay in euros or dollars which are then converted into the Russian currency, the European Commission said on Friday. The companies would also need to seek additional conditions on…

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Reuters · Apr 15, 2022

Russian Deputy PM says several buyers agree to pay in roubles for Russian gas

Several buyers of Russian gas have agreed to switch to payments in roubles, Russian Deputy Prime Minister Alexander Novak said on Friday.

The Guardian - UK · Apr 14, 2022

Petropavlovsk investors could be wiped out by sale, warns mining firm

London-listed company facing financial pressures after UK placed sanctions on key Russian client

The Independent UK · Apr 2, 2022

EXPLAINER: What's next for Europe's natural gas during war?

Russian President Vladimir Putin is demanding payment in rubles for natural gas — or else

The Independent UK · Apr 1, 2022

Russia: Push to pay for gas in rubles not disrupting supply

Russian officials say their demand that natural gas be paid for in rubles doesn’t mean supplies will be immediately interrupted

Radio France Internationale · Apr 1, 2022

France, Germany prepare for potential halt of Russian gas imports

Germany and France are preparing for Russian gas supplies to dry up after President Vladimir Putin announced that EU purchases must be made in rubles starting from 1 April. Berlin has already warned that Europe would not be "blackmailed" by Moscow.

France 24 · Apr 1, 2022

Putin threatens to cut off Europe's gas supply if not paid in roubles

Russian gas continues to flow into Europe after President Vladimir Putin threatened to cut off supplies unless they are paid in roubles, a demand rejected by European leaders as a breach of contract. However, Putin's decree does include a mechanism under which foreign buyers would set up special accounts at…

Al Jazeera · Apr 1, 2022

What is behind Putin’s demand for Russian gas be paid in roubles?

Moscow threatens to halt contracts supplying Europe with a third of its gas unless they are paid in Russian currency.

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