Monday, May 30, 2022

Danish State-Run Gas Corporation Orsted Expects To Be Cut-Off From Russian Natural Gas Due to Its Refusal To Pay In Rubles

OilPrice.com: Denmark Fully Prepared To Be Cut Off From Russian Gas 

Denmark has joined the list of countries refusing to pay for Russian gas using a ruble conversion scheme, prompting the country’s state-run gas company on Monday to warn that Gazprom could cut off gas exports in retaliation. 

Denmark is the latest country to refuse the Kremlin’s demands for opening Western currency accounts alongside a ruble account to allow for payments for gas that are essentially made in rubles. 

Poland and Bulgaria were the first countries to refuse the scheme, resulting in a Gazprom move to cut off supplies, followed by Finland. 

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Danish State-Run Gas Corporation Orsted Expects To Be Cut-Off From Russian Natural Gas  

Denmark's Orsted Warns Russia May Cut Gas Over Ruble Demand -- Bloomberg  

Denmark Refuses To Pay For Russian Gas In Rubles; Orsted Warns Russia May Cut Supply -- Republic World  

Orsted Rejects Gazprom Demands to Pay for Gas in Rubles -- Marketwatch

Ørsted continues to reject demand for payment in roubles – risk of Gazprom Export’s gas supplies to Ørsted being halted -- EQS Group

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