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Originally Posted by Rockstar
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It is unclear which energy companies have already opened accounts with Russia's Gazprom Bank. There they can pay in euros or dollars, after which the bank converts the money into rubles and pays the bill for the gas purchased from Gazprom. Incidentally, the European Commission says that paying for Russian gas in Western currency does not violate sanctions against Russia. "What the Russians do with the money after that is their business," it said.