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FRANKFURT: Uniper (UN01.DE), Germany’s largest importer of Russian gas, is transferring euros to an account at Gazprombank (GZPRI.MM) to comply with a new mechanism Moscow has drawn up to enable gas payments, it said on Tuesday.

Italy’s Eni opens ruble, euro accounts to pay for Russian gas

“In this way, timely fulfilment of the contract on our part is guaranteed. We are in close exchange with the federal government on this procedure,” the company said in a statement.

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