Gazprom halts gas flows to key companies, intensifying the energy conflict following EU sanctions.
Russia has escalated its energy dispute with Europe, with state-owned Gazprom shutting off gas supplies to a major Dutch trader and suspending deliveries to firms in Denmark and Germany. This move intensifies the ongoing economic standoff over Russia’s invasion of Ukraine, which followed the European Union’s decision to impose an embargo on most Russian oil imports.
On Tuesday, Gazprom announced it had stopped gas flows to GasTerra, a Dutch company that buys and trades gas for the government. The cuts also affected Ørsted, a Danish energy firm, and Shell Energy, which supplies gas to Germany, after both failed to comply with Russia’s demand to make payments in rubles.
In response, GasTerra indicated it had secured alternative gas supplies for the 2 billion cubic meters it was expecting from Gazprom until October. Despite warnings from Denmark about potential cuts, Ørsted assured that the country’s gas supply would not immediately be threatened.
