Gazprom has confirmed full suspension of gas supplies to the Dutch gas trader GasTerra due to failure to pay in rubles, the Russian gas holding said in a statement on Tuesday, TASS reports.
"Gazprom has fully suspended gas supplies to GasTerra B.V. company (the Netherlands) due to failure to pay in rubles. As of close of business on May 30, Gazprom Export did not receive the payment for gas supplies in April from GasTerra B.V. company in accordance with a decree of the president of the Russian Federation dated March 31, 2022," the statement said.
Contractors were timely informed that payments for gas supplied since April 1 should be made in rubles using new requisites, 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 Dutch 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.
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.
