Rubles-for-gas scheme does not undermine sanctions – German energy major

German energy firm Uniper is admitting to the possibility of paying for Russian gas in rubles, Tiina Tuomela, the company’s financial director said during a teleconference on Wednesday. “To date, the flow of Russian gas under our existing long-term contract remains untouched. We are in ongoing discussions with Gazprom regarding the implementation of the Russian…

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China issues ‘color revolution’ warning

Central Asia must be wary of interference by ‘major powers,’ China’s defense chief said The Chinese defense minister has said Beijing stands opposed to foreign intervention in Kazakhstan, warning of “color revolutions” launched under the guise of protests while also vowing to support the country’s efforts to “safeguard national security.”

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Russia halts gas supplies to Bulgaria and Poland

Gazprom, Russia’s main natural gas supplier, has announced a complete halt in gas exports to Bulgaria and Poland on Wednesday after the two countries refused to make payments in rubles. According to a statement, supplies will not resume until Sofia and Warsaw comply with the new terms.

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