Of Thanks to Floudopoulos The payment to Gazprom for the April gas supplies was made on Monday in accordance with the European Commission guidelines, without violating the framework of sanctions against Russia. According to information, the payments were made in euros, with the buyers receiving certification that the transaction is considered complete and that they […]
Tag: Gazprom
Gazprom: Cut off gas flow to Finland from tomorrow morning
Gazprom has informed Finland that it will stop the flow of gas from Saturday morning, the Finnish state gas company, Gasum, announced today. Gasum refused to pay Gazprom Export in rubles, as Russia demanded European countries do. “It is very sad that the gas supplies under our supply contract will stop now,” said Gasum CEO […]
Gazprom: Cuts off gas flow to Finland
Gazprom has informed Finland that it will stop the flow of gas from Saturday morning, the Finnish state gas company, Gasum, announced today. Gasum refused to pay Gazprom Export in rubles, as Russia demanded European countries do. “It is very sad that the gas supplies under our supply contract will stop now,” said Gasum CEO […]
Slovakia: Paid in euros for gas imports from Russia – Has opened a ruble account with Gazprombank
The Slovak state-owned gas import company (SPP) has announced that it has paid in euros for Russian gas and has opened an account with Gazprombank, according to its president and CEO Richard Prokipczak. The European Commission explained in a directive this week how EU member states can continue to buy Russian gas without violating the […]
Slovakia: Payed in euros for gas, opened an account in rubles
The Slovak state-owned gas import company (SPP) has announced that it has paid in euros for Russian gas and has opened an account with Gazprombank, according to its president and CEO Richard Prokipczak. The European Commission explained in a directive this week how EU member states can continue to buy Russian gas without violating the […]
The ruble is at a 7-year high due to Putin’s gas strategy
LAST UPDATE 13:48 The ruble has jumped to a seven-year high against the euro as more foreign companies appear to be complying with Vladimir Putin’s demand to switch to the Russian currency for gas. The ruble jumped up 9% against the euro, reaching its strongest level since June 2015. The Russian currency strengthened by 6.6% […]
Novak (Russia): Half of Gazprom’s customers have opened accounts with Gazprombank
Half of Gazprom’s customers have opened accounts with Gazprombank, Deputy Prime Minister Alexander Novak said, as Moscow seeks to force its customers to pay in rubles for gas. Russia cut off gas supplies to Bulgaria and Poland in April after refusing to comply with a request for European buyers to start paying in rubles for […]
Italian Eni opens a double account in rubles and euros to pay Gazprom
Italy’s Eni announced on Tuesday that it had launched proceedings to open two accounts, one in euros and the other in rubles, to pay for Russian gas, but added that it was doing so on a precautionary basis. The Italian energy group, one of the largest importers of Russian gas in Europe, said the move […]
Finland: Arbitration proceedings against Gazprom for payment of gas in rubles
Finland’s state-owned energy supplier Gasum announced on Tuesday that it would refer its dispute over ruble payments with Russia’s Gazprom to arbitration. Gasum has stated that it will not accept Gazprom’s demand to pay in rubles for gas supplies and that there is a risk that the flow to Finland will be cut off. “Under […]
Austria to Gazprom: ‘Either you fill your warehouses with gas or you lose them’
Austrian Chancellor Karl Nehammer said in an interview that Russia’s Gazprom had to fill its Haidach gas depots, otherwise they would have to be leased to other companies. “We are resolutely considering the issue with Gazprom’s huge gas storage facility in Haidach. If the Russian company does not fill it, we are considering measures to […]
