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Italy’s Eni Set to Make Gazprom Payment Due by the End of May

  • Gazprom tried to reassure buyers of the payment system
  • Russia has cut off gas to Poland, Bulgaria over pay demand
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Draghi Says EU Companies Can Pay for Gas in Rubles

Italy’s energy giant Eni SpA is set to pay Gazprom PJSC for gas supplies in May even if the initial euro payment is converted to rubles, according to people familiar with the matter.

The move comes after Gazprom tried to reassure European buyers including Eni that the payment wouldn’t violate EU sanctions since Russia’s central bank wouldn’t be directly involved, said the people, who asked not to be identified because the talks are private.