Poland and Bulgaria will no longer receive Russian gas from tomorrow morning. The Polish energy company PGNiG and the Bulgarian gas company Bulgargaz have been informed about this by the Russian gas company Gazprom.
The delivery stop is valid at 08:00. According to PGNiG, this is a breach of contract by Gazprom and steps will be taken to allow gas deliveries to continue.
According to the Russian state news agency Tass, Gazprom does not confirm that it will stop gas supplies, but emphasizes that countries “must pay according to the new rules”. This refers to the request that Russian President Putin announced last month.
This requirement means that countries that Russia calls “hostile” will now have to pay for gas in rubles instead of euros and dollars. Since Western countries did not want to cooperate, Putin offered to pay through a trust account at Gazprombank, where euros and dollars were converted into rubles, with the exception of the respective countries.
The European Commission announced at the end of last week that companies can probably pay for gas in this way.
End of contract
Poland receives gas through the Yamal pipeline, which runs through Belarus and Poland and supplies about 15% of Russia’s gas to Europe. The other two major pipelines are Nord Stream 1 to Germany and the pipeline from Ukraine to Slovakia. The gas supply from these pipes still looks normal.
Gas prices rose shortly after the news from Poland, but fell again later in the evening. “This shows that the market takes the news seriously,” says Jilles van den Beukel, energy analyst at the Center for Strategic Studies in The Hague. “But they’re not too concerned either, otherwise the price action would have been much higher.”
carefree
PGNiG reported that Polish households will continue to receive gas. The Polish climate minister has previously said: a tweet He said the country’s gas storage facilities were 76% full and there were no concerns about gas shortages. Bulgaria, which is more dependent on Russian gas, also states that it is not yet necessary to reduce its gas consumption.
Van den Beukel added: “Germany will also be little affected as it mainly relies on Nord Stream 1. Said. “The gas stock at Yamal is generally low and is mainly used to transport the last gas residues.”
The contract with Gazprom for gas on the Yamal gas pipeline will in any case be terminated at the end of this year at the initiative of Poland. A gas pipeline will be completed in October from which Poland will receive gas via Norway. Poland is also investing more in liquefied gas.
Source: NOS
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