The European Commission sent new guidelines to Member States on Friday 13 May on how to pay for Russian gas without violating EU sanctions against Russia.
The basic position of the institution remains unchanged: the payment process set out in the Russian decree of 31 March is a violation of EU sanctions, but EU companies have the option to continue to pay in euros or dollars, in accordance with agreed contracts.
The decree requires importers of Russian gas from “unfriendly countries”...