5.9k Share this

Polish and Bulgarian officials said Tuesday that Russia is cutting off gas exports to their countries due to their refusal to pay in Russian rubles. Vladimir Putin demanded that NATO and other countries would be required to pay in rubles if they wanted to continue buying Russian energy in a statement last month. Both countries could face serious energy shortages due to large reliance on Russian exports.

Gazprom, a Russian state-owned gas company, informed the two EU and NATO member nations that gas exports will be suspended starting Wednesday, their governments said. The suspensions would be the first since Putin’s announcement that “unfriendly foreign buyers” would have to pay in rubles as opposed to dollars or Euros.

So far, only Hungary has agreed to honor Russia’s terms.

ADVERTISEMENT

If deliveries are indeed suspended, it would send already skyrocketing fuel costs soaring even higher in Europe and could lead to rationing. European gas prices soared upwards of 17% after the report and are expected to rise even higher.

Wednesday’s cutoffs will affect deliveries of Russian gas to Poland through the Yamal-Europe pipeline, according to Polish state gas company PGNiG. The Yamal-Europe carries gas from Russia to Poland and Germany, via Belarus. Poland has been receiving some 9 billion cubic meters annually, fulfilling some 45% of the country’s need, according to the Associated Press.

ADVERTISEMENT

PGNig is confident that they can overcome the challenges that will arise if Russian gas exports are no longer an option for their country. “We are completely prepared to become completely independent of Russian gas supplies to Poland in 2022,” Piotr Naimksi, a member of Poland’s parliament told Europe’s Economic Congress earlier this year.

Poland currently imports 46% of its natural gas from Russia.

RELATED: Global Food Prices Surge to Record Highs, U.N. Agency Says

Source: National File

5.9k Share this
You May Also Like

Family take legal action after son, 26, died from blood clots two weeks after AstraZeneca jab

The heartbroken family of a 26-year-old graduate who died from ‘catastrophic’ blood…

Extinction Rebellion activists storm May Fair Hotel during energy summit

Extinction Rebellion eco-zealots have stormed a five-star central London hotel and sprayed oil…

Taliban Claims 130,000-Strong Army as Afghans Face Starvation

The Taliban’s defense ministry on Sunday claimed the “Islamic Emirate of Afghanistan”…

Drug-crazed teenager who killed maths teacher, 44, in hit and run is jailed for nine years

A drug-crazed teenager who killed a mother-of-three in a hit and run…

Lionel Messi: PSG star’s agent denies Inter Miami transfer link amid talk of acquiring stake in club

Lionel Messi’s agent denies claims that the PSG superstar has already agreed…

‘I Don’t Love Abortion, I Just F**king Hate You’

A pro-abortion advocate on Saturday told a pro-life demonstrator outside of the…

Biden’s Labor Chief Urges Congress to Import More Foreign Workers

The nation’s Democratic labor secretary is urging Republicans and Democrats to import…

Dr. John Cheng Hailed as Hero for Charging Gunman in Taiwanese Church

Dr. John Cheng, a 52-year-old sports medicine specialist, is being hailed as…