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After Bulgaria and Poland, Russia threatens with gas and the rest of Europe

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The Russian energy giant Gazprom announced today that it has suspended gas supplies to Bulgaria and Poland on the grounds that the two countries did not pay in rubles, but clarified that it still provides natural gas to Europe. Europe through Ukraine on demand.

Poland and Bulgaria are the first two countries to cut off Russian gas supplies after Moscow's invasion of Ukraine on February 24.

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“Gazprom has completely suspended gas supplies to Bulgargaz (Bulgaria) and PGNiG (Poland) due to non-payment of ruble payments,” the Russian company said.

gas to Germany , Hungary and Serbia, passing through Poland and Bulgaria in case of unauthorized detention will also be cut off from Warsaw and Sofia.

“Bulgaria and Poland are transit countries. “In the event of unauthorized withholding of Russian gas passing through third countries, the transit volumes will be reduced proportionately,” Gazprom said.

“After April 1, they will have to be made in rubles using new payment information that the parties have been informed of in a timely manner,” Gazprom said today.

Gazprom to do the same with other “unfriendly countries” Duma speaker says

Meanwhile, the speaker of the Russian parliament said today that Gazprom had made the right decision, with the He cut off gas supplies to Bulgaria and Poland, adding that Moscow should do the same with other “unfriendly” countries. “The same should be done with other countries that are not friendly to us,” Vyacheslav Volodin, speaker of the Duma, the lower house of the Russian parliament, wrote in his Telegram account. >

“Russia is blackmailing us, but we are prepared,” said von der Leyen. Arrows against Russia for suspending gas supplies to European countries von der Leyen , adding that a meeting of the Commission's coordination group on this issue is underway.

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He said in detail: “Gazprom 's announcement that it is unilaterally suspending gas supplies to its customers in Europe is another attempt by Russia to use natural gas as a means of extortion. This is unjustified and unacceptable and shows once again Russia's unreliability as a gas supplier. We are prepared for this scenario. We are in close contact with all Member States. We are working to ensure alternative deliveries and the best possible storage levels across the EU. Member States have implemented emergency plans for just such a scenario and we have worked with them in coordination and solidarity. A meeting of the gas coordination group is currently taking place. We are mapping the EU 's coordinated response. We will also continue to work with international partners to ensure alternative flows. And I will continue to work with Europeans and world leaders to ensure the security of energy supply in Europe. Europeans can count on the fact that we are united and in full solidarity with the Member States affected by this new challenge. Europeans can count on our full support. “

24% jump in gas with Russian blockade in Poland, BulgariaMeanwhile, gas prices are rising sharply following Russia's move to halt flows to Poland and Bulgaria, escalating tensions in the region. This development also serves as a warning across the European continent that Russia is seriously considering reducing gas supplies.

The benchmark for Dutch futures has risen 24% to 127 , 50 euros per megawatt hour, which is the highest level since April 1.

At the same time, the price of oil remains stable, after rising again above $ 100 a barrel with investors assessing the consequences of Russia's Garzprom decision to suspend gas supplies to Bulgaria and Poland from today.

At the same time, as noted by Bloomberg, Europe is considering reducing crude imports from Russia. US crude futures rose 3.2% on Tuesday, following a two-day downtrend. The oil market has been in turmoil since late February, following Russia's invasion of neighboring Ukraine.

The United States and the United Kingdom have pledged to suspend oil imports from Russia, which is a member. of OPEC +. The EU is divided over the stance it will take.

Contract breach

Polish gas company PGNiG announced “the complete suspension of gas deliveries by Gazprom under the contract of the (Yamal) pipeline”.

“The situation does not affect the current supply to PGNiG customers who receive gas on demand” , the company pointed out. “The suspension of gas supplies is a breach of contract and PGNiG reserves the right to seek redress and will use all legal and contractual means to do so,” Warsaw said. strong>has repeatedly stated that it will not pay in rubles for Russian gas and did not intend to extend its contract with Gazprom after it expires at the end of the year.

Bulgarian Energy Minister Alexander Nikolov He said his country had paid for Russian gas deliveries in April and that suspending them would be a breach of an existing contract with Russian company Gazprom. “As all trade and legal obligations are met, it is clear that gas is currently being used more as a political and economic weapon in the current war,” he said. Warsaw wants to accelerates LNG terminal completion

Poland wants to complete its liquefied natural gas (LNG) terminal in 2025, earlier than & # 8217; what was planned, said today the Polish Minister in charge of energy security Piotr Naimsky.

& # 8220; We want the installation to be ready in 2025, we're speeding it up. The plan was to have it ready in 2027 & # 8221 ;, Naimsky told RMF FM after Russia announced that it would stop supplying gas to Poland.

Economic and political outcast Moscow after the gas decision, says Britain

Russia's decision to cut off gas supplies to Poland will strengthen its position as an economic and political outcast, British Deputy Prime Minister Dominique Raab reacted today.

& “This (gas cut-off) will have a (& # 8230;) very damaging impact on Russia as well, because it is becoming more and more, not just an outcast politician, but also an outcast economist,” he said. Raab on the British network Sky News.

At the same time, the Polish Minister of Climate announced today that her country intends to help Germany import non-Russian oil, as its western neighbor intends to find alternative sources of Russian supplies after the Russian invasion of Ukraine on February 24.

& # 8220; We are ready to express our solidarity with Germany (& # 8230;) and support them to complete the withdrawal from Russian oil, from Russian resources & # 8221 ;, the minister said Ana Moskva on the Polish state radio station Polskie Radio.

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Gazprom closes the tap: Announces gas supplies to Poland and Bulgaria

Source: politis.com.cy

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