Russia Asks For LNG Payments Via Moscow Bank

Russian Sakhalin Energy Investments Co is asking the buyers of its liquefied natural gas to pay for it via the Moscow branch of an international bank, Reuters has reported, citing unnamed sources. The source added that the Russian company was also in talks to change the currency, in which the payments for LNG are made from U.S. dollars. Some buyers of Sakhalin LNG were already making their payments via the designated bank, but in dollars, the sources also said. The move is part of a wider push to move payments for Russian hydrocarbons from the…