Business & Economy

Italy’s Eni begins opening an account in rubles

The Italian Eni Group announced today, Tuesday, the start of procedures for opening two accounts with Gazprombank for payment for Russian gas.

Eni – the largest importer of Russian gas in Europe – explained that this decision came after a unilateral request from Gazprom to amend existing contracts under a new scheme to pay for gas.

The Italian company announced that it will temporarily open two accounts, but without prejudice to its contractual rights, which still include payment in euros.

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