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Poland's president has said that gas flows from Russia to Western Europe should never be restored, even if Russia and Ukraine reach a peace deal. Andrzej Duda told the BBC that the Nord Stream gas ...
On 26 April 2022, Gazprom announced it would stop delivering natural gas to Poland via the Yamal–Europe pipeline, as well as to Bulgaria, as both countries had rejected Russia's demand that payments for gas be made in Russian rubles - a demand allegedly constituting breach of contract.
Gas flowed through four pipeline systems, one under the Baltic Sea, one through Belarus and Poland, one through Ukraine and one under the Black Sea through Turkey to Bulgaria. After the war started, Russia cut off most supplies through the Baltic and Belarus-Poland pipelines, citing disputes over a demand for payment in rubles.
Monthly gas supply balance in the European Union, 2014–2021. Flexible gas supplies will become even more important as reliance on solar and wind power grows. European gas imports from Russia in 2021, with breakdowns. Russia supplies a significant volume of fossil fuels to other European countries.
EUR/Ruble exchange rate (Rubles per Euro. On 23 March 2022, Russian President Vladimir Putin announced payments for Russian pipeline gas would be switched from "currencies that had been compromised" (that is, US dollar and euro) to payments in roubles when the transaction involved a country formally designated "unfriendly" previously, which included all European Union states; on 28 March, he ...
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The gas cutoff signals Moscow's willingness to take sharp economic aim at those who aid Ukraine, where Russian forces continue to pummel the east. Russia cuts gas to Poland and Bulgaria as West ...
Russian gas has been replaced by liquefied natural gas (LNG) imports: the United States has increased its slice of the EU gas market to 56.2 bcm in 2023 from 18.9 bcm in 2021 while Norway grew its ...