Denmark could be the next country to be cut off from Russian natural gas after its biggest utility defied Moscow’s ruble payment demand in order to keep receiving natural gas.

According to a Bloomberg report, the Danish utility and the government in Copenhagen are continuing to reject demands from the Russian supplier to pay for gas supplies in Russian currency.

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There is no legal obligation under the contract to do so, and we have repeatedly informed Gazprom Export that we will not do so

The company’s payment deadline is Tuesday, and Orsted said it will continue to pay in euro, noting that it hasn’t opened a ruble account.

Russia’s new payment scheme requires gas buyers from “unfriendly” countries that have placed sanctions on Russia to open accounts in Russia’s Gazprombank.

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They can then deposit funds in their currency of choice, which the bank converts to rubles and transfers to Gazprom.

The Russian energy giant has recently suspended gas exports to Bulgaria, Poland, and Finland after they refused to comply.

RT. com / ABC Flash Point Oil & Gas News 2022.

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Duchessa1
Duchessa1
Guest
30-05-22 13:33

Denmark knows the rule, no compliance no gas- bye bye.

Hyperion Six Zero Eight
Hyperion Six Zero Eight
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Reply to  Duchessa1
30-05-22 13:51

comment image

SinCity
SinCity
Guest
30-05-22 13:33

The thing is, if you pay for it in the usual way, then the money would be stolen by your mates, and Russia won’t get their money…

WestisadenyingEmpire
WestisadenyingEmpire
Guest
30-05-22 13:34

No Money. No Gas. Simple and clear?