Thursday, December 1, 2022
US Daily News Onlne


Russia cuts gas supplies to Denmark and the Netherlands

Russian gas giant gazprom Confirmed today that it will cut gas to companies this Wednesday orstedDenmark’s main energy group, and…

By admin , in news , at May 31, 2022

Russian gas giant gazprom Confirmed today that it will cut gas to companies this Wednesday orstedDenmark’s main energy group, and Shell Energy Europe, which supplies gas to Germany, for refusing to pay in rubles for the fuel.

“The Danish company rsted has informed Gazprom Export that it does not intend to pay for gas supplied in rubles, in accordance with the Presidential Decree of 31 March,” the Russian company said in its Telegram account.

After not receiving payment from rsted for gas delivery in April within the period stipulated in the contract, Gazprom informed the Danish company about the “suspension of supply from 1 June”.

Gazprom has already cut gas Netherlands, Poland, Bulgaria and Finland For this reason.

The plan prepared by the President of Russia, Vladimir PutinTo avoid Western sanctions, forces foreign customers from “unfriendly” countries—including all EU countries— Open two special accounts in Gazprombank.

In one they must enter funds for Russian gas received in euros or dollars, which are then converted into rubles on the Moscow Stock Exchange and transferred to another account in the Russian national currency.

Day One explained that he would consider the cut in supply a breach of contract.

The Danish firm highlighted that Russia will not be able to cut supplies directlySince there is no gas pipeline from Russia to Denmark, but Denmark receives it through Germany.

In fact, Gazprom reported today that Shell Energy Europe has informed it that it does not intend to pay in rubles under the German gas supply contract.

The maximum annual supply under this contract is 1.2 billion cubic metres.

“At the end of the trading day on 31 May, Gazprom Exports did not receive any payment for gas deliveries from Shell Energy Europe in April”, so the company is informed of the “suspension of supplies from 1 June”.

Russia cuts gas supplies to Denmark and the Netherlands

2022-05-31 16:13:35