LAST UPDATE: 09.53
Russian energy giant Gazprom announced on Tuesday that it had completely cut off gas supplies to Dutch gas trading company GasTerra after failing to pay for gas delivered in April, Reuters reported.
Gazprom stressed that payments for Russian gas should be made in rubles, as requested by Russian President Vladimir Putin.
GasTerra had been waiting for this move since yesterday, Monday, when it announced that from Tuesday, May 31, it would stop receiving gas from the Russian Gazprom, after it refused to agree to Moscow’s demands and to pay in rubles.
GasTerra, which buys and trades gas on behalf of the Dutch government, said it had already contracted with other providers to cover the 2 billion cubic meters (bcm) of gas it was to receive from Gazprom by October.
In a statement, GasTerra said it had decided not to adopt the payment system requested by Russia, which required the opening of accounts to be used for euro payments, which would then be converted into rubles. The company claims that these actions may violate the sanctions imposed by the European Union on Russia and that the method of payment presents many financial risks. He had repeatedly asked Gazprom to continue to fulfill its obligations under the contractual payment methods.
Source: Capital
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