Gazprom suspends supplies to Orsted and Shell for non-payment in rubles

Russia payments in rubles for Gazprom Not for Novatek

(Finance) – Gazpromthe government-controlled Russian energy giant, said will suspend gas supplies to the main Danish energy company Orsted and to Shell Energy Europe (subsidiary of the British oil company Shell) due to the non-payment of the gas supplied in April and the refusal to pay in rubles.

“At the close of business on May 31 (the contract deadline), Gazprom Export did not receive payment for gas supplies in April from Orsted. In this regard, Gazprom Export notified Orsted the suspension of gas supplies from 1 June 2022 and until the payments are made according to the procedure “foreseen by the executive order of the Russian president, Gazprom Export said in a statement.

With reference to supplies to Shell Energy Europe Limited under the contract for deliveries in Germany, he stated: “At the close of business on May 31 (the expiration date provided for in the contract), Gazprom Export did not receive payment for gas supplies in April by Shell Energy Europe Limited “.

The British multinational has confirmed that it has no intention of opening a ruble account to pay for Russian gas. “Shell has not accepted new payment terms established by Gazprom, including the creation of accounts in rubles – reads a note – We will work for continue to supply our customers in Europe through our diversified portfolio of gas supply “.

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