Russia to terminate gas supply contracts if "unfriendly" buyers refuse to pay in rubles

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Russia to terminate gas supply contracts if "unfriendly" buyers refuse to pay in rubles

STORY: Russia to terminate gas supply contracts if "unfriendly" buyers refuse to pay in rubles DATELINE: April 1, 2022 LENGTH: 00:01:28 LOCATION: Moscow CATEGORY: ECONOMY SHOTLIST: 1. STANDUP 1 (English): MENG JING, Xinhua correspondent 2. various of Russian President Vladimir Putin 3. various of streets in Russia 4. STANDUP 2 (English): MENG JING, Xinhua correspondent STORYLINE: STANDUP 1 (English): MENG JING, Xinhua correspondent "Russian President Vladimir Putin signed a decree on Thursday on new rules of natural gas trade with 'unfriendly' countries and regions, vowing to halt existing contracts, if these buyers refuse to pay in rubles. Putin said that Western countries use the financial system as a weapon, and their companies refuse to fulfill contracts with Russian entities and individuals. And when Russian assets in U.S. dollars and euros are frozen, it makes no sense to use the currencies of Western countries." Putin said that "If such payments are not made, we will consider this a default on the

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