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Russia stopped delivery of gas to Denmark

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On the 1st of June, Gazprom (Russia’s gas company) announced that it stopped delivery of gas to Ørsted, due to the refusal of the Danish company to pay for the gas in rubles (Russian currency). However, there is no direct pipeline of gas between Russia and Denmark and therefore Russian gas can be acquired indirectly from other EU states. 

  • Denmark joins Poland, Bulgaria, and Finland in the group of countries that refused to pay in rubles and therefore had the gas delivery shut off. 
  • There is enough gas in the storage to cover the needs of the people and companies in Denmark for another 4 to 5 months. 
  • The gas acquired on the European market will be more expensive and therefore the price is expected to rise even further this year. 
Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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