Russia suspends gas supplies to Poland and Bulgaria for failing to pay in rouble

[Pomogator]

Most countries have not paid in pieces of paper with the name "ruble", and will not pay. In addition to the Kremlin "litters" such as Hungary, not a single normal consumer paid attention to the tantrums of the Kremlin Fuhrer, and they continue to pay according to the terms of the contract. Let's create a list of countries here who pays in EURO and who pays in Rubles? And compare the balance? Don't you want?

After the news about the cessation of gas supplies to Poland and Bulgaria, news began to arrive about the creation of ruble accounts from many European countries. I do not want to say that by doing so they support the Russian regime and the rest, but they should do this in order to calmly spend several winters and create a platform for escaping Russian gas, you should not be so radical about everything.

[DrBeer]

Most countries have not paid in pieces of paper with the name "ruble", and will not pay. In addition to the Kremlin "litters" such as Hungary, not a single normal consumer paid attention to the tantrums of the Kremlin Fuhrer, and they continue to pay according to the terms of the contract. Let's create a list of countries here who pays in EURO and who pays in Rubles? And compare the balance? Don't you want?

After the news about the cessation of gas supplies to Poland and Bulgaria, news began to arrive about the creation of ruble accounts from many European countries. I do not want to say that by doing so they support the Russian regime and the rest, but they should do this in order to calmly spend several winters and create a platform for escaping Russian gas, you should not be so radical about everything.

You once again voice how the market works now and WILL work? Do not read propaganda, it only numbs and moves away from the world of reality!
No one will pay in cowries, beads, rubles, mugs! There is a contract, there are clearly ascribed conditions, there are no new applications signed by all parties that change the terms of payment. There are only tantrums and delirium of the Russian Fuhrer, but all his "erotic fantasies" will remain as such. No one else will fall for the pressure of the Kremlin terrorists, the situation has changed irreversibly....

[Zlantann]

Gas is an essential commodity. European nations that rely on Russian gas would not survive without it. Some European countries have announced that they are going to start using their reserves, but how long would that last. We know there was a contractual agreement on how payments would be made but people's lives are at stack. European countries should pay in Rubles and start searching for alternatives to Russian gas. This would take sometime and might be more expensive but Russian indispensability must be curtailed for peace to return in not only Europe but the world entirely.

[Calex12]

This is a very long process, the supply of gas with Russia has been established for a long time, no one thought to assume that the world order would change. Some countries have indeed begun to buy gas from other sources and countries, but it takes more than one year for the whole world to refuse.

[DrBeer]

Somehow the topic with Russian tantrums closes

In connection with the events in Ukraine, it accelerated the construction of a section of the Baltic Pipe gas pipeline in Denmark, through which gas from Norway will be supplied to Poland.

Within a week of the invasion by Russian troops, the authorities issued the necessary environmental permits, which had previously been expected for many months. It is planned that the gas pipeline will be put into commercial operation in January next year.

The annual gas transmission capacity of the project is 10 billion cubic meters. One of the main consumers of this gas is Poland, which does not intend to renew the long-term contract with Gazprom that expires this year.

"We are developing very good cooperation with all the contractors to speed up the process and do everything possible to meet the work schedule. Of course, this is done so that the gas is in the Danish system, but mainly to help our good neighbors and our friends in Poland" , says Danish project manager Søren Jude Larsen.

[19Nov16]

A month ago Russia had announced that it only received rubles for gas transactions, unfortunately some countries did not care too much so that gas supply was suspended, this was Russia's intelligent step to avoid sanctions and certainly made Europe more dependent on the system made by Russia.

[Zilon]

A nice map well plotted to strengthen the falling Ruble. But imposing preferred payment option might initiate the idea of sourcing for other means of supply by both countries and probably the US might be the next alternative which means strengthening the US dollar even more. Russians can as well suggest payment in crypto if the fear international markets might freeze their accounts. crypto should rather be the preferred alternative mode of payment   

[monineklutak]

A month ago Russia had announced that it only received rubles for gas transactions, unfortunately some countries did not care too much so that gas supply was suspended, this was Russia's intelligent step to avoid sanctions and certainly made Europe more dependent on the system made by Russia.

I think the Russians had this all planned so that when there are sanctions they are not too worried,
I agree with you that it turns Europe back on what Russia does,
after all Europe still depends or needs gas from Russia and let's see what steps both sides will take in this regard

[darewaller]

Somehow the topic with Russian tantrums closes

In connection with the events in Ukraine, it accelerated the construction of a section of the Baltic Pipe gas pipeline in Denmark, through which gas from Norway will be supplied to Poland.

Within a week of the invasion by Russian troops, the authorities issued the necessary environmental permits, which had previously been expected for many months. It is planned that the gas pipeline will be put into commercial operation in January next year.

The annual gas transmission capacity of the project is 10 billion cubic meters. One of the main consumers of this gas is Poland, which does not intend to renew the long-term contract with Gazprom that expires this year.

"We are developing very good cooperation with all the contractors to speed up the process and do everything possible to meet the work schedule. Of course, this is done so that the gas is in the Danish system, but mainly to help our good neighbors and our friends in Poland" , says Danish project manager Søren Jude Larsen.

This is what the war with Russia did, it allowed people to fasten the energy sector a lot. I mean the renewable energy in many nations as well and it did happen. Scientists have been talking about renewable energy being our existential savior for over a decade now, I remember Al Gore talking about it in 2004, think about how further that is. Nothing changed, nobody did anything about it and finally the Russian war made it happen, people got scared so much that even regular people are putting solar panels on their roofs more than ever now. This is why Poland let the Norway pipeline to happen right away as soon as Russian one was cut as well.

[jostorres]

Russia has carried out its threat to shut off gas supplies to countries that has refused to pay in roubles. It has cut off gas supply delivery to both Poland and Bulgaria. I had earlier mentioned that Russia had threatened to shut off gas supplies to countries that has refused to pay in roubles and now, it has made good its threat by shutting off gas delivery to both Poland and Bulgaria. The EU has responded saying this is gas blackmail while gas prices has increased by 20%. Russia says the move is in response to both countries refusing to pay in roubles while the roubles gains about a percent to the dollar.

I still find it funny that Russia "attacked" this way to show of force by doing it to Poland and Bulgaria, two very weak nations in European soil. Let us wait and see if they could even try to do something like this to any of the major nations, their whole money making machine would be cut off. They should pray that they wouldn't end up with all those big nations stop getting gas from them, if they do then Russia wouldn't be able to make the type of money they are making today and that would be a terrible financial fall for them. They need that money and they will do anything in their power to keep selling gas to anyone who buys it, just to keep the finances going.

[Ultegra134]

A month ago Russia had announced that it only received rubles for gas transactions, unfortunately some countries did not care too much so that gas supply was suspended, this was Russia's intelligent step to avoid sanctions and certainly made Europe more dependent on the system made by Russia.

I think the Russians had this all planned so that when there are sanctions they are not too worried,
I agree with you that it turns Europe back on what Russia does,
after all Europe still depends or needs gas from Russia and let's see what steps both sides will take in this regard

It would be extremely naive to believe that Putin didn't expect Europe's stand against him, he was prepared for the sanctions, which are definitely hurting him, at least not as much as Europe anticipated. So far, I believe that he's doing more harm in West's economy than his own, since the Russian Rumble skyrocketed after receiving it for gas and oil transactions. On the other hand, I don't see this war coming to an end anytime soon.

[macson]

.....
Russia has violated the treaty ^{(the oil trade agreement was written before the Ukraine-Russia war)}, but what i see now is that Russia doesn't care about that anymore, when European countries impose economic sanctions on their country, Russia immediately considers the written agreement to be automatically void.  i know it's really tough for bulgaria and poland but if they are wise, they will surely accept the conditions from russia to save gas and oil supply in their country

Russia have been asking for other countries to honor some treaties before this conflict started from what I've read. Many of those requests were also ignored so it's not surprising they do the same.

Something has to be mutually addressed to end the war. If this keeps going on, both the country people gets affected alot. Already two months past and the war still continues. At some point it looks like European Union is playing an one sided role.

agree, they only give one-sided rules... don't know what's in the heads of the European Union leaders, they don't seem to think about the next strategy when the tough decisions they make are passed down.  if they really want to impose sanctions on Russia then they should have a plan and read the situation, what next they should do when Russia stops distributing the oil and gas they produce.

[Sithara007]

It would be extremely naive to believe that Putin didn't expect Europe's stand against him, he was prepared for the sanctions, which are definitely hurting him, at least not as much as Europe anticipated. So far, I believe that he's doing more harm in West's economy than his own, since the Russian Rumble skyrocketed after receiving it for gas and oil transactions. On the other hand, I don't see this war coming to an end anytime soon.

Right now Putin is earning more from his gas and oil sales compared to what he was earning before the war. And once EU implements their stupid move to completely ban oil/gas from Russia, the oil prices are going to the stratosphere and in the end Putin will earn even more from his exports. At this point, the gas prices at European hubs are >$1,000 per thousand cubic meter. Last year, at this point the prices were around $150 per thousand cu.m. You can check the prices of Russian natural gas here:

https://www.indexmundi.com/commodities/?commodity=russian-natural-gas

[Ozero]

A nice map well plotted to strengthen the falling Ruble. But imposing preferred payment option might initiate the idea of sourcing for other means of supply by both countries and probably the US might be the next alternative which means strengthening the US dollar even more. Russians can as well suggest payment in crypto if the fear international markets might freeze their accounts. crypto should rather be the preferred alternative mode of payment   

The Central Bank of Russia has already issued a statement that they will not use cryptocurrency in order to avoid international sanctions because the international community is taking appropriate measures to regulate cryptocurrency and cryptocurrency exchanges. In other words, it simply won't work in Russia.

As for gas and oil from Russia, the countries of Europe have already made it clear that they have set a course for a complete rejection of Russian oil and gas. Now traditional supply routes are being disrupted, so the price for them is rising. But after a while everything will be back to normal. And in Russia there will no longer be this large European market. And, apparently, forever, since European countries planned to gradually get rid of coal, oil and gas as part of the fight against the causes of global climate change. For Russia, this will have catastrophic consequences.

[DrBeer]

It would be extremely naive to believe that Putin didn't expect Europe's stand against him, he was prepared for the sanctions, which are definitely hurting him, at least not as much as Europe anticipated. So far, I believe that he's doing more harm in West's economy than his own, since the Russian Rumble skyrocketed after receiving it for gas and oil transactions. On the other hand, I don't see this war coming to an end anytime soon.

Right now Putin is earning more from his gas and oil sales compared to what he was earning before the war. And once EU implements their stupid move to completely ban oil/gas from Russia, the oil prices are going to the stratosphere and in the end Putin will earn even more from his exports. At this point, the gas prices at European hubs are >$1,000 per thousand cubic meter. Last year, at this point the prices were around $150 per thousand cu.m. You can check the prices of Russian natural gas here:

https://www.indexmundi.com/commodities/?commodity=russian-natural-gas

Yes, no one denies that for some period of time, when a cancerous tumor called the "Russian world" is removed from the world community, one will have to endure, pay more, and even possibly incur losses. Now, and for some time to come, Russia can really get more profit from the sale. But you forgot - further MORATORIUM. And this means that gas and oil will either have to be burned or drilling rigs closed....Or..Sold to China or India at the price they name. And I am absolutely sure that in such a situation, neither China nor India will buy this resource at a market price. And it will be that way for decades. It is hard to imagine how Russia will survive with the dumping of energy prices ... And the EU, the EU will rebuild its oil / gas transportation systems, optimize the production and consumption of these resources, switch to more environmentally friendly fuels, and move away from any dependence on Russia and its resources .

[bustabitsboy]

.....
Russia has violated the treaty ^{(the oil trade agreement was written before the Ukraine-Russia war)}, but what i see now is that Russia doesn't care about that anymore, when European countries impose economic sanctions on their country, Russia immediately considers the written agreement to be automatically void.  i know it's really tough for bulgaria and poland but if they are wise, they will surely accept the conditions from russia to save gas and oil supply in their country

Russia have been asking for other countries to honor some treaties before this conflict started from what I've read. Many of those requests were also ignored so it's not surprising they do the same.

Something has to be mutually addressed to end the war. If this keeps going on, both the country people gets affected alot. Already two months past and the war still continues. At some point it looks like European Union is playing an one sided role.

agree, they only give one-sided rules... don't know what's in the heads of the European Union leaders, they don't seem to think about the next strategy when the tough decisions they make are passed down.  if they really want to impose sanctions on Russia then they should have a plan and read the situation, what next they should do when Russia stops distributing the oil and gas they produce.

The countries of the European Union are a puppet of the United States, which hooked them on a money needle. The leaders of these countries do not have their own opinion and accept everything that they are advised without thinking about their citizens. If the leaders of these countries thought about their citizens and could speak openly about the problems of people, today it would be much easier for all of us to live.

[DrBeer]

Somehow the topic with Russian tantrums closes

In connection with the events in Ukraine, it accelerated the construction of a section of the Baltic Pipe gas pipeline in Denmark, through which gas from Norway will be supplied to Poland.

Within a week of the invasion by Russian troops, the authorities issued the necessary environmental permits, which had previously been expected for many months. It is planned that the gas pipeline will be put into commercial operation in January next year.

The annual gas transmission capacity of the project is 10 billion cubic meters. One of the main consumers of this gas is Poland, which does not intend to renew the long-term contract with Gazprom that expires this year.

"We are developing very good cooperation with all the contractors to speed up the process and do everything possible to meet the work schedule. Of course, this is done so that the gas is in the Danish system, but mainly to help our good neighbors and our friends in Poland" , says Danish project manager Søren Jude Larsen.

This is what the war with Russia did, it allowed people to fasten the energy sector a lot. I mean the renewable energy in many nations as well and it did happen. Scientists have been talking about renewable energy being our existential savior for over a decade now, I remember Al Gore talking about it in 2004, think about how further that is. Nothing changed, nobody did anything about it and finally the Russian war made it happen, people got scared so much that even regular people are putting solar panels on their roofs more than ever now. This is why Poland let the Norway pipeline to happen right away as soon as Russian one was cut as well.

The problem the EU is facing is the problem that comes with trying to "put all your eggs in one basket" and flirting/dealing with kleptocrats and criminals. As a result, the EU, instead of diversifying the energy market, through the influence, primarily of Germany, almost monopolized the gas and oil market by Russian suppliers. Germany still has many amazing discoveries to make, following a substantive investigation into the work of Schroeder and Frau Merkel, in favor of Russia, in the European energy market. But now the EU has finally realized that continuing this game is suicidal, and in general, doing business with terrorists and murderers is not the best option. Well, since they missed some time, now Europe will have to clear their wallets and pay for their stupidity earlier.