Gazprom cuts gas supply to major operators in Denmark and the Netherlands

The Russian gas marketer Gazprom announced this Wednesday that it has cut off gas supplies to the Danish Orsted, which supplies Russian gas to Denmark through Germany, and to the British Shell Energy, which also operates from the German gas infrastructure to serve to the Dutch market, after both companies have not made the payments in rubles, as required by the Russian Government.

Thomas Osborne
Thomas Osborne
01 June 2022 Wednesday 02:23
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Gazprom cuts gas supply to major operators in Denmark and the Netherlands

The Russian gas marketer Gazprom announced this Wednesday that it has cut off gas supplies to the Danish Orsted, which supplies Russian gas to Denmark through Germany, and to the British Shell Energy, which also operates from the German gas infrastructure to serve to the Dutch market, after both companies have not made the payments in rubles, as required by the Russian Government.

"Shell has not accepted the new payment terms established by Gazprom. We will strive to continue supplying our customers in Europe through our diversified gas supply portfolio. Shell continues to work on a gradual withdrawal of Russian hydrocarbons," he said. the company originally from the Netherlands.

Gazprom's decision means that 2 billion cubic meters of gas will no longer be supplied to the Netherlands, which currently account for around 15% of consumption. In Denmark, where gas accounts for 18% of the energy consumed each year, three quarters of it comes from domestic production.

Gazprom had already cut off gas supplies to operators in Poland, Bulgaria, Finland and the Netherlands for not accepting new payment terms, which include opening a ruble account with Gazprombank.