Russian President Vladimir Putin has extended until October 1, 2026… (газ · указ · газпромбанк)

Russian President Vladimir Putin has extended until October 1, 2026, the permission for foreign buyers to pay for Russian gas in rubles not only through Gazprombank.

Consensus

• The extension of the gas payment rule is until October 1, 2026
• The rule allows foreign buyers to pay for Russian gas in rubles through any Russian credit institution, not just Gazprombank
• The measure was originally introduced in March 2022 and has been repeatedly extended
• The change was made by a presidential decree signed on June 15, 2026

Points of divergence

• The original scheme required payment only through Gazprombank, but in late 2024, the 'authorized bank' was replaced with 'Russian credit organization' (any Russian bank) — interfax
• The previous extension was signed on March 31, 2026, and the current extension is for another quarter — vedomosti
• The change in payment method was implemented in December 2024, and the previous extension was set to expire on July 1, 2026 — kommersant