Gazprom to sell oil for rubles, yuan (user search)
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  Gazprom to sell oil for rubles, yuan (search mode)
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Author Topic: Gazprom to sell oil for rubles, yuan  (Read 450 times)
ag
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« on: August 28, 2014, 05:47:15 PM »
Quote from: True Federalist on August 28, 2014, 05:03:28 PM
I'm certain Gazprom would much rather get paid in yuan than rubles.  If the SHTF then the ruble is likely to fall considerably whereas the yuan should remain stable or even rise slightly in such a circumstance.

If I were Chinese, I would use it to sign some really nice long-term contracts in rubles Smiley Within 10 years they might be getting their oil and gaz for free Smiley
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