Russia Stops Gas Supplies to Poland and Bulgaria
Burc Oran
April 27, 2022
gas

Russian energy company Gazprom announced that it will stop natural gas deliveries to Poland and Bulgaria as of April 27.

Polish public energy company PGNiG SA has announced that Gazprom will stop gas supply to the Yamal pipeline on April 27. In the statement made by the company, it was reported that Gazprom notified PGNiG on the morning of April 27 of its intention to suspend deliveries under the Yamal contract entirely.

In the statement of PGNIG SA, it was stated that steps will be taken to restore the gas flow to the country, and it was emphasized that any interruption in the gas supply is also a violation of this contract. They have the right to demand compensation for this.

The occupancy rate of gas storage facilities in Poland is 80 percent, and there would be no problem meeting the country’s gas demand.

In the statement made by the Bulgarian Ministry of Energy, it was stated that Bulgaria’s public natural gas company Bulgargaz was informed by the Russian energy company Gazprom Export that Gazprom will stop its gas supply as of April 27.

Tags
Share

Stay informed with market news by subscribing to our reading list.

This field is for validation purposes and should be left unchanged.

FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.
The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.