he Nail In The Petrodollar Coffin: Gazprom Begins Accepting Payment For Oil In Ruble, Yuan
"..According to Russia's RIA Novosti, citing business daily
Kommersant, Gazprom Neft has agreed to export 80,000 tons of oil from
Novoportovskoye field in the Arctic; it will accept payment in rubles,
and will also deliver oil via the Eastern Siberia-Pacific Ocean pipeline
(ESPO), accepting payment in Chinese yuan for the transfers. Meaning
Russia will export energy to either Europe or China, and receive payment
in either Rubles or Yuan, in effect making the two currencies
equivalent as far as the Eurasian axis is conerned, but most
importantly, transact completely away from the US dollar thus, finally
putin'(sic) in action the move for a Petrodollar-free world..."
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