Gazprom cuts gas supply to Orsted and Shell Energy

The logo of Gazprom Germania is pictured at their headquarters, in Berlin, Germany April 1, 2022

June 1 (Reuters) – Russian gas producer Gazprom (GAZP.MM) has cut off gas supplies to Denmark’s Orsted (ORSTED.CO) and to Shell Energy (SHEL.L) for its contract to supply gas to Germany, it said on Wednesday, citing the companies’ failure to make payments in roubles.

Gazprom has already halted supplies to Dutch gas trader GasTerra, as well as to Bulgaria, Poland and Finland after their refusal to pay for gas in Russian roubles, as demanded by Moscow in response to Western sanctions over the Russia-Ukraine conflict.

German, Italian and French companies, however, have said they would engage with Moscow’s payment scheme to ensure they can maintain supplies. read more

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