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MercoPress, en Español

Montevideo, April 19th 2024 - 03:52 UTC

Tag: Irina Slav

  • Wednesday, May 11th 2022 - 09:00 UTC

    Germany's largest gas importer accepts Moscow terms and pays in Euros/Rubles

    “We will pay the invoice amount, which will continue to be in Euros, into the accounts at Gazprombank in accordance with the planned procedure”, VNC said

    Despite the rules agreed by the European Commission, one of Germany's largest natural gas importers, VNG, has opened an account with Gazprombank for payments for Russian gas under Moscow's new terms, in Euros then converted into Rubles helping the Russian currency to recover its value.

  • Friday, April 19th 2019 - 09:29 UTC

    Brazil to put up new pre-salt oil blocks for auction in October

    The blocks, in the pre-salt zone off the Brazilian coast, are part of an area the government awarded for exploration and development to Petrobras a decade ago

    Brazil will hold an offshore oil deposit auction in October featuring blocks that were the object of a long-running dispute with state energy giant Petrobras. Reuters reports, citing Economy Minister Paulo Guedes, that participants in the auction will need to cough up a signing bonus of a total US$26.9 billion for the four blocks.