Russia’s Gazprom has halted gas deliveries to Poland and Bulgaria over the countries’ refusal to pay in rubles.
In March, Russian President Vladimir Putin ordered “unfriendly” countries to pay for gas in rubles in response to the US-led Western sanctions campaign aimed at decimating Russia’s economy. Some of the sanctions specifically targeted Russia’s use of the dollar and the euro.
Kremlin spokesman Dmitry Peskov told reporters Wednesday that asking for payments in rubles and cutting off Poland and Bulgaria’s gas supply was a result of the sanctions campaign. “The need for a new payment method was a result of unprecedented unfriendly steps in the economic sphere and the financial sector, which were taken against us by unfriendly countries,” he said.
Under Putin’s payment plan, European countries have to set up an account at Russia’s Gazprombank so they can transfer foreign currency to the bank. Gazprombank would then purchase rubles on behalf of the buyer, which will be used for the gas deal.
While Poland and Bulgaria refused to pay in rubles, some European countries are complying. According to a report from Bloomberg that cited a person close to Gazprom, at least four European gas buyers have paid for supplies in rubles, and 10 European countries have set up accounts at Gazprombank. The person said that if other countries refuse to pay in rubles, more cutoffs aren’t expected until the second half of May, when more payments are due.
After Gazprom made its announcement, European gas prices surged 28%. Because Europe is so reliant on Russian gas, European countries are facing severe economic consequences if they lose the supply. According to a German economic institute, Germany would face a sharp recession if Russian gas supplies were suddenly cut off, making Berlin likely to comply with the ruble payment system.
9 thoughts on “Russia Cuts Off Gas Supply to Poland, Bulgaria for Not Paying in Rubles”
These two dirt-poor prostitutes are hoping that Germany (EU) will pay for their gas along with the other monthly handouts and they probably will, up to a point.
Bringing in all these eastern European countries to EU/ NATO just because of their proximity to Russia hasn’t exactly been a success story for the Europeans and it shows.
They were taken into EU and NATO not only because of their proximity. After WWII all those countries had a segment of population and their elite that collaborated with Third Reich. They had kept low profile, some prosecuted, many emigrated. Then West threw them a lifeline. Post-war generation of Hitler’s supporters was coming of age. They were reinvented as anti-communists and dissidents. With financial support they organized and recruited many unsuspecting anticommunists. These are the people that came to power after the dissolution of Soviet Union. Their hate of Russians was their most valuable asset. They molded post-Soviet culture into virulent hatred of Russia. They were given full support in falsifying history, erasing memories of anti-Nazi heros,
Yes, their hatred is real. Russia is guilty of breaking the Nazi nuggernaut paying with milions of lives.
Now, these elites are victorious. West has given them wings to spread their hateful ideology again.
There are no protests from the West as the earstwhile.”dissidents” donned their Nazi insignia. No neec to pretend any more.
Now they are free to hate.
Europe is excelling in hate, Do not allow any contact with the untermenchen. No arts, sports, scientist. No dog or cat shows, Take their homes, businesses, art. No need for courts to decide if those broke any laws.
This time Russia should just root out the evil in Ukraine, the “defenders” of Russian populated cities dispensing their justice over the lopulace of traitors.
Azov battalions are have failed to keep Azov Sea, and all those Russians living on its shores.
The divirce is needed in Ukraine, and Nazi ideoligy tossed back into the bin of history.
But then, Russia must ensure NOT to get involved with European ideologies, nor US interference in Europe. If Russia fails, and gets sucked into European harteds, it will pay tge price, No need to worry about rise of Nazism in the liberal woke uniforms. And West Ukraine shoukd demand freedom from the rest of Ukraine.
It would be the first case of secessionism that will be cheerfully granted.
You’ve got it! …the foetid fragrance of Nazism pervades this whole thing, … and can be followed right to its source in Boston, NY and DC and way way back in US history.
Dubbed ‘Operation Katja Balzov’…
Europe is out of touch with reality. Russia will show you reality.
Soon when people in Poland and Bulgaria get tired and frustrated for taking showers with cold water, they would start paying for gas in Ruble…! Lol…!
Bet the Poles and Bulgarians are hoping for an early summer…and a long autumn.
Asking to be paid for goods and services rendered is Blackmail?
My power gets shut off by Blackmailing Terrorists if I DON’T pay my heat bill? I can stiff my creditors? What plans do these people have to honestly balance the budget and pay our debts?
we finance this rodeo a few months at a time on CREDIT.
Do you know how creepy that thinking is?
It is the normalization of a momentum of M.A.D.
“abject failure of russia?”~jb. We talk that they never reached their campaign objectives as if Putin is mired in failure. It is weak pushback: mental ascent, delusions.
We had fascists storm our nation’s Capital and a convened Congress and our problem with Fascists here has let them boldly bloom in Ukraine and Poland and Germany and NATO on your watch mister.
“we are prepared for whatever they do”~jb
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