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On March 23, in a meeting with the Government of the Russian Federation, Russian President Vladimir Putin announced a decision to sell gas for the Russian ruble, which Russia considers to be an “unfriendly” country. At the same time, countries considered “friendly” to Russia may also be allowed to pay in Bitcoin or local currency.
Mr. Zavarny to lead Russian House Committee on EnergyOn Thursday, the country said it was looking for alternatives to receive payments for energy exports.
Russia considers China and Turkey to be “friendly.” Western countries such as the United Kingdom, the United States and the European Union are considered “unfriendly”.
Russia has lost more than 20% of its value last month since it began the war in Ukraine. The move to receive oil payments in gas with Bitcoin could be aimed at boosting the Russian economy swirling towards the $ 210 billion default nightmare.
However, Russia remains the world’s largest exporter of natural gas and the second largest supplier of oil.
Russian media suggests that a meeting is already taking place in Russia discuss The EU plans to remove Russia’s energy dependence. At those meetings, questions were raised about what would happen if Western countries could completely abandon their imports of energy resources from Russia. And if that happens, what are the consequences of Russia waiting for?
In early March, following Russia’s invasion of Ukrainian territory, the US government banned Russia’s oil imports and banned new investment in Russia’s energy sector.
