And Shell found itself in a desperate situation because of the UK authorities.
European experts continue to warn of severe economic consequences in the event of an embargo on gas from Russia.
Germany may face a collapse of industry, warned everyone Siegfried Russwurm, head of the Federal Union of German Industry.
In an interview with the ZDF TV channel, Russwurm said that the industry would be in a desperate situation due to the failure of Russian gas.
At the same time, the expert recalled that it was the German industry that saved the country during the pandemic.
“We are talking about the collapse of our industry, which saved us during the coronavirus pandemic,” Russwurm said.
Shell also found itself in a difficult situation, Bloomberg reports. The UK – unlike the EU countries – imposed sanctions against Gazprombank.
And earlier in the Kremlin, this particular bank was named as a means of salvation – sanctions were not imposed against the bank, which means that European partners will be able to transfer euros and dollars there, and Gazprombank itself will carry out the conversion.
There is no such chance of salvation in the UK. As a result, Shell may either not pay for Russian gas, or will look for an alternative payment method.
According to sources, the company also has impressive assets in Russia: this is, for example, a network of gas stations, enterprises for the production of aviation fuel. Gazprom and its “daughters” may like them.
Shell now has long–term contracts – 1.2 billion cubic meters of gas per year is valid until 2031, and 1.4 billion cubic meters annually – until 2028.
As Topnews wrote earlier, Russia indicated a position on gas supplies to unfriendly countries (those that have adopted anti-Russian sanctions). Payment for gas will be made only in rubles.
It will be possible to change the scheme only if the restrictions for Russia are lifted.
In response, Europe stated that it is forbidden to change the currency by contracts, and is going to abandon Russian blue fuel.