THE GAME IS ON, SALE OF RUSSIAN OIL IN RUBLES
EXPECT RUBLE STRENGTH SOON
NEXT SHOULD COME EXCHANGES TO SET OIL PRICE IN RUBLES
THIS IS A MAJOR PETDO-DOLLAR DEMISE STEP
$$$ INITIAL GAZPROM NEFT TRANSACTIONS TO EUROPE HAVE BEGUN, THE PAYMENTS IN RUBLES… TWO TRANSACTIONS HAVE BEEN COMPLETED… THE RUSSIANS WILL PROBABLY ROLL OUT OTHER VENDORS FOR THE SAME RUBLE PAYMENT, SINCE THE TEST CASE HAS WORKED WITH SUCCESS… NEXT COMES EXCHANGES TO SET THE CRUDE OIL PRICE IN RUBLES… THE PETRO-DOLLAR IS DYING. $$$
Jaroslav in St Petersburg Russia has supplied some high important information. The following is from him, with my edits for readability and flow. The information uses quoted comments from Alexander Dyukov, the head of Gazprom Neft (Gazprom Oil). Almost all their clients for crude oil and petroleum products have signed agreements to pay in Rubles. A few have been permitted from certain points to make payments in Euro currency. As for Novoport, this project has already begun delivery for Ruble currency, and ongoing oil deliveries from the field will be in Rubles. Also, from this time, the deliveries to the Asian market are to be completed in Yuan currency. The USDollar is a global liquid currency, and the transition into any other currency is a certain chore with risks and costs. “They see a potentially large amount of crude oil and oil products which could be realized in USD settlement. They require conversion into Rubles, to be done with as minimal risk and as simple as possible.” He was clear that Russia should consider creating its own price agency and exchanges that set quoted oil prices in Rubles. This function would help to facilitate global access to the Ruble, which in turn would increase the volume of oil and petroleum products sold in Rubles and Yuan.
In update, Gazprom Neft has sent the second oil tanker for settlement in Rubles. The oil was produced at the Novoportovskoye field on the Yamal Peninsula . It contained crude oil in the amount of 27.2 thousand tons, delivered on September 17th to NorthWestern Europe. New oil is called Novy Port, its quality characteristics, including low sulfur content exceeds the benchmark grade of Brent. They are currently preparing for shipment of a third tanker. One should conclude that Oil for Rubles is a done deal. Soon other Russian companies will join in, for conducting large sales in Rubles, and possibly Yuan, possibly outside the energy sector. The Jackass adds that the Ruble currency will strengthen considerably. One can hope that the London and Wall Street market rig specialists will experience a vast backfire with heavy losses at their desks and in their faces.