Price natural gas for delivery in May Dutch market increased by more than 10% after this wednesday Russia cut off feeding Poland Y Bulgaria As of today, for refusing to pay for raw materials in rubles.
TTF natural gas prices in the middle of the session €108.8 per megawatt hour (MWh), representing 10.79% According to the market data Efe consulted, it is higher than yesterday’s closing.
Other countries that consume gas from Russia, such as Germany and Austria, have assured that their supply will remain stable and unaffected today.
Gazprom sources cited by Bloomberg show that ten European buyers of Russian gas have opened Special ruble accounts in Gazprombank and four of them have already paid in Russian currency.
The Russian gas giant has confirmed that it is “totally” suspending gas supplies to Poland and Bulgaria as it rejects Russia’s established mechanism to pay for raw materials following sanctions for the invasion of Ukraine.
Then Moscow reiterated that gas shipments to other countries would also be interrupted if they do not accept the new payment mechanism in rubles.
Ursula von der Leyen, head of the European Commission, said that the EU has contingency plans for possible gas cuts from Russia and has stopped supplying this hydrocarbon to Bulgaria and Poland because it has not paid for this hydrocarbon in rubles.
Source: Informacion
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