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RWE Aktiengesellschaft (RWNFF)

Other OTC - Other OTC Delayed price. Currency in USD
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43.030.00 (0.00%)
At close: 03:51PM EDT
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  • Reuters

    RWE has opened euro account in Russia to pay for gas

    FRANKFURT/LEUNA, Germany (Reuters) -RWE has opened an account in Russia to pay for gas in euros, a spokesperson for Germany's largest power producer said, preparing to meet Moscow's demands for a new payment scheme ahead of a closely-watched deadline later this month. Germany's economy minister Robert Habeck also sounded an optimistic note, saying the new method, which has led to confusion among European gas buyers and raised concerns about possible supply disruptions, would not cause any problems. Like peer Uniper, RWE must make a payment for Russian gas by the end of May.