Russia will shut off gas supplies to Poland and Bulgaria CNN Expansion, Sugam Pokharel

in supportukrainemake •  3 years ago 

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Russia is cutting off natural gas supplies to Poland and Bulgaria after they refused to pay in rubles, dramatically escalating tensions with the West.

Poland's state-run gas firm PGNiG said that it will "entirely suspend" gas supplies along the Yamal pipeline starting Wednesday morning, PGNiG said in a statement on Tuesday.
"On April 26, Gazprom informed PGNiG of its intention to entirely suspend deliveries under the Yamal contract at the beginning of the contract day on April 27," the statement read.
The news sent US natural gas futures up about 3% Tuesday.
Gazprom, the Russian energy giant, did not confirm that the supply of Russian gas to Poland had been stopped, Russian state news agency TASS reported Tuesday, citing the company's spokesperson Sergey Kupriyanov.
Kupriyanov, however, emphasized that Poland must pay for Russian gas supplies in rubles, a demand Warsaw has refused.
Gazprom also told Bulgaria's state-owned gas company Bulgargaz that it will shut off gas supplies starting Wednesday, Bulgarian energy ministry said in a statement on Tuesday.
The energy ministry said paying in rubles was unacceptable and posed "significant risks" to Bulgaria.
It said the Bulgarian side has "fully fulfilled its obligations and has made all payments required under this contract in a timely manner, diligently and in accordance with its provisions."
The Bulgarian government agencies have taken steps to make alternative arrangements for the supply of natural gas.
"At present, no restrictive measures have been imposed on gas consumption in Bulgaria," the ministry added.
Russia delivered an ultimatum last month to "unfriendly" nations that they must pay for their energy in rubles starting April 1 or risk being cut off from vital supplies. But the flow of gas has continued.
The Kremlin said payments for gas being delivered at the time of its announcement would fall due toward the end of April or the beginning of May, which is why Russia didn't immediately shut off the flow of gas to Europe.
President Vladimir Putin's high-stakes threat has sent shockwaves through Europe, which cannot keep its economy running for long without Russian energy. Moscow sent a clear signal that it could at some point reduce natural gas flows — perhaps to deter or respond to even tougher Western sanctions over the war in Ukraine.
PGNiG said it's prepared to.

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