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Going beyond its guidance on Russian gas payments is not 'advisable,' EU says

Published 19/05/2022, 11:38
Updated 19/05/2022, 11:42
© Reuters. FILE PHOTO: A worker cleans outside the future headquarters of the European Commission in Brussels, September 2, 2004. REUTERS/Francois Lenoir  FLR/DBP

© Reuters. FILE PHOTO: A worker cleans outside the future headquarters of the European Commission in Brussels, September 2, 2004. REUTERS/Francois Lenoir FLR/DBP

BRUSSELS (Reuters) - It is not "advisable" for companies to go beyond the European Commission's guidance on how to keep paying for Russian gas without breaching EU sanctions against Moscow for its invasion of Ukraine, a Commission spokesman said on Thursday.

© Reuters. FILE PHOTO: A worker cleans outside the future headquarters of the European Commission in Brussels, September 2, 2004. REUTERS/Francois Lenoir  FLR/DBP

"We have given guidance to the member states that says what it is that they can do," the spokesman said.

"What it is that they can do is open a bank account in the currency of the contract that they hold with Gazprom (MCX:GAZP), to make a payment to that bank account in the currency of the contract and issue a statement saying that so then this means that they have fulfilled their contractual obligation, and we don't consider that doing anything else is advisable."

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