Putin extends ruble payments for Russian gas to 2027
Russian President Vladimir Putin extended until April 1, 2027, the order allowing foreign buyers of Russian gas to pay for deliveries not only through Gazprombank but also through other Russian banks.
Consensus
- The deadline for foreign buyers to pay for Russian gas in roubles has been extended to April 1, 2027.
- Foreign buyers from unfriendly countries can pay for Russian gas in roubles through Russian credit institutions, not only Gazprombank.
- The extension applies to the special payment regime established by Presidential Decree No. 172 of March 31, 2022.
- The new decree was published on the official legal information portal on September 28, 2026.
- The extension was issued by President Vladimir Putin.
Points of divergence
- The new decree amends the original decree No. 172 and specifies that payments can be made through Russian credit organizations, in addition to Gazprombank, until April 1. — riamo
- The 'authorized bank' (Gazprombank) was replaced in the decree with 'a Russian credit organization' (any Russian bank), and the payment scheme was initially allowed until the end of the first quarter of 2025, with multiple extensions. — interfax
- The new presidential decree is numbered No. 701, dated September 28, 2026. — interfax
- Gazprombank previously stated that the extension was intended to allow buyers time to obtain necessary licenses or have restrictions on working with Gazprombank lifted. — interfax
Coverage (5 sources)
- Putin extends decree: foreigners can pay for gas in rubles until April 2027 — РИАМО
- Putin extends special payment regime for Russian gas for another six months — Фонтанка
- Permission for foreigners to buy Russian gas not only through Gazprombank extended — Вести
- Action of the decree on conditions for payment of Russian gas extended until April 1, 2027 — Интерфакс
- Putin extends until April 1, 2027, the permission for foreigners to pay for Russian gas not only in Gazprombank but also in other banks — ТАСС (Telegram)