# Going beyond its guidance on Russian gas payments is not ‘advisable,’ EU says
Published: 2022-05-19
Category: Headlines
Category URL: https://bizdispatch.com/category/headlines/
Meta Title: EU warns companies to stick to guidelines on paying for Russian gas
Meta Description: Get insights on how companies can navigate EU sanctions on Russian gas payments, according to Commission spokesman. Stay informed with the latest updates.
URL: https://bizdispatch.com/going-beyond-its-guidance-on-russian-gas-payments-is-not-advisable-eu-says/

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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.

“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, 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.”

(Reporting by Kate Abnett, editing by Marine Strauss)


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