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EU’s next potential sanctions target revealed Forging High-quality Partnership For a New Era of Global Development : Xi Jinping পদ্মা সেতুর উদ্বোধন উপলক্ষে ১০০ টাকা মূল্যমানের স্মারক নোট ২৪ জুন এক নজরে বাংলাদেশ পদ্মা সেতু উদ্বোধন উপলক্ষ্যে প্রধানমন্ত্রী ও রাষ্ট্রপতির বাণী  Pentagon unveils new Ukraine weapons shipment Germany warns entire industries could stop due to gas shortage ২৪ জুন কোভিড-১৯ সংক্রান্ত সর্বশেষ প্রতিবেদন Japan wants more people-to-people cultural bond with Bangladesh হাওর এলাকার আশংকাজনকহারে জলাভূমি হ্রাস বন্যার ভয়াবহতা বাড়িয়ে দিচ্ছে : আইপিডি PM to open Padma Bridge on June 25  EU and NATO forming coalition ‘for war against Russia’ : Lavrov President, PM greet all involved with Padma Bridge project অবিলম্বে দেশে ভোজ্যতেলের দাম সমন্বয়ের দাবি ক্যাব এর ২১ জুন এক নজরে বাংলাদেশ ২৩ জুন কোভিড-১৯ সংক্রান্ত সর্বশেষ প্রতিবেদন AL means independence, developed Bangladesh: PM  imo steps in to facilitate flood victims LafargeHolcim signs agreement with Swisscontact Bangladesh to support waste management in MSMEs তামাকের দাম বাড়াতে মন্ত্রিপরিষদ সচিবকে ব্যবস্থা গ্রহণের সুপারিশ ৯৭ সাংসদের
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EU’s next potential sanctions target revealed Forging High-quality Partnership For a New Era of Global Development : Xi Jinping পদ্মা সেতুর উদ্বোধন উপলক্ষে ১০০ টাকা মূল্যমানের স্মারক নোট ২৪ জুন এক নজরে বাংলাদেশ পদ্মা সেতু উদ্বোধন উপলক্ষ্যে প্রধানমন্ত্রী ও রাষ্ট্রপতির বাণী  Pentagon unveils new Ukraine weapons shipment Germany warns entire industries could stop due to gas shortage Japan wants more people-to-people cultural bond with Bangladesh হাওর এলাকার আশংকাজনকহারে জলাভূমি হ্রাস বন্যার ভয়াবহতা বাড়িয়ে দিচ্ছে : আইপিডি EU and NATO forming coalition ‘for war against Russia’ : Lavrov অবিলম্বে দেশে ভোজ্যতেলের দাম সমন্বয়ের দাবি ক্যাব এর ২১ জুন এক নজরে বাংলাদেশ imo steps in to facilitate flood victims LafargeHolcim signs agreement with Swisscontact Bangladesh to support waste management in MSMEs তামাকের দাম বাড়াতে মন্ত্রিপরিষদ সচিবকে ব্যবস্থা গ্রহণের সুপারিশ ৯৭ সাংসদের Prerona Foundation-Bengal Meat collaborates NATO chief ‘cannot guarantee’ membership for Finland and Sweden Energypac Sponsors 4th Dhaka Automotive Show 2022 Putin’s Global Ratings Drop to 20-Year Low : Pew Australian envoy expects Padma Bridge to enhance regional growth

Gazprom confirms suspension of gas supplies to GasTerra over failure to pay in rubles

Bangladesh Beyond
  • Updated on Tuesday, May 31, 2022
  • 80 Impressed
Groningen, Holland - 19 october 2018: Building of GrasTerra. a Dutch natural gas infrastructure and transportation company.

Gazprom confirms suspension of gas supplies to GasTerra over failure to pay in rubles

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MOSCOW, May 31 2022. /TASS/.

 

Gazprom has confirmed complete suspension of gas supplies to Netherlands’ GasTerra B.V. due to failure to pay in rubles, the Russian gas holding said in a statement on Tuesday.

Earlier, Gasterra decided not to comply with Gazprom’s requirements to pay for supplied gas in Russian rubles.

“As of the end of the working day on May 30, Gazprom Export did not yet receive a payment from GasTerra B.V. for the gas supplied in April, which was to be made in compliance with the Russian President’s Decree No. 172 dated March 31, 2022,” the statement said.

Payments for gas supplied since April 1 must be made in rubles via new account details, of which the counterparties were duly informed, Gazprom added.

On Monday, Gazprom Export said it would suspend contracted supplies of Russian gas to its main partner in the Netherlands, the gas trader Gasterra, on May 31 due to the fact that the company failed to pay for gas supplied in April and refused to pay in rubles.

Gasterra said earlier it decided not to comply with Gazprom’s requirements to pay for supplied gas in Russian rubles. To do so would risk breaching sanctions imposed by the EU, the company explained, adding that there are too many financial and operational risks associated with the required payment route.

Russian natural gas was supplied to the Netherlands under a long-term contract concluded in 2000 for 20 years, which was later extended until October 1, 2022. According to figures provided by Russia’s Federal Customs Service, Russia exported about 6.67 bln cubic meters of natural gas to the Netherlands in 2021 (down by 34.5% compared with the previous year), which covers 16% of the country’s gas demand.

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