Oil Products to Be Supplied to Armenia in Rubles

Gazprom Neft has started supplying oil products to Armenia in rubles and plans to transition to payments in rubles across the entire Eurasian Economic Union (EAEU) territory in the near future. This was announced by Gazprom Neft's CEO Alexander Dyukov.

According to the Interfax agency, Dyukov stated, "Our contracts allow us to switch to payments in yuan or euros at any time, depending on the currency used for part of the supplies. Furthermore, this year we began supplying oil products to Armenia in rubles, and it is part of our plans to transition to ruble payments within the framework of the EAEU soon."