Denmark: Insists on euro payment for gas, prepares for supply disruption

Denmark may be the next country to be cut off from Russian gas, as the country’s largest utility company refuses to back down and pay in rubles.

Orsted A / S is preparing for the possibility of Gazprom cutting off one of Denmark’s largest fuel sources, the company said, adding that it expects to be able to secure alternative supplies in the European wholesale market.

The payment ultimatum is on Tuesday, and the company will continue to pay in euros, he stressed.

“There is a risk that Gazprom Export will stop supplying gas to Orsted,” she said in an email.

The Nordic country will be the last to be cut off from supply, after Finland, Poland and Bulgaria.

Source: Capital

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