Russian “Gazprom” has already announced the cessation of gas supplies to the Netherlands from May 31. In Denmark, they are preparing to cut off supplies.
The Dutch company GasTerra refused to comply with Gazprom’s demands and pay for Russian gas in rubles.
This was reported in a press release published today on the company’s website.play video
According to the requirements of the Russian Federation, anyone who wants to buy gas from her must open two accounts in Gazprombank in Moscow – in euros and in rubles. However, GasTerra did not agree with these demands.
“This is because it threatens to violate the sanctions imposed by the European Union. There are also too many financial and operational risks associated with the necessary payment route. In particular, opening accounts in Moscow under Russian law and control over them by the Russian regime is too great risk for the company,” the statement said.
The Dutch company noted that they repeatedly urged Gazprom to comply with the terms of the agreement regarding the structure of payments and obligations for gas supplies, but to no avail.
It is noted that in response to the decision of GasTerra, the Russian Gazprom has already announced the cessation of gas supplies from May 31, 2022.
Because of this, until October 1, 2022, the expiration date of the contract, approximately 2 billion cubic meters of contract gas will not be delivered.
“GasTerra has foreseen this by purchasing gas from other suppliers. The European gas market is very integrated and branched out,” the company said.
Denmark refused to pay Russia for gas in rubles
Leading Danish energy company Orsted announced its refusal to pay for Russian gas supplies in rubles at the end of April.
Today, May 30, the company announced that they are preparing to cut off gas supplies, writes Bloomberg . Orsted expects to be able to secure alternative purchases in the European wholesale market.
The Danish company noted that it did not open an account in rubles. The Company has no legal obligation to use the Russian currency and plans to continue making payments in euros.