Russia suspends gas delivery to Poland and raises alert in Europe

Russia suspends gas delivery to Poland and raises alert in Europe

The Polish government also said it was prepared to deal with any supply disruption from Russia.

“There will be no shortage of gas in Polish homes,” climate minister Anna Moskwa said on Twitter.

“From the first day of the war, we declared that we are ready for full independence from Russian raw materials,” he said.

“Poland has the necessary gas reserves and sources of supply to protect our security. We successfully gained independence from Russia for years,” he added.

Europe’s monthly gas price rose 18% on the news to €107/MWh at 1500 GMT, according to ICE data, SP Global reported.

PGNiG, the Polish company that purchases the gas, had refused to pay Gazprom in rubles, as demanded by Russian President Vladimir Putin, once Western sanctions over the war in Urania affected payment for the energy it Moscow exports.

So, Putin warned that he would not give free gas to Europe.

Last year, PGNiG imported 9.9 Bcm of Russian gas, covering around 63% of demand, SP Global added.

Poland will be able to replace Russian gas imports with Norwegian gas once the 10 Bcm/year Baltic Pipe pipeline connecting the Polish, Danish and Norwegian gas networks comes online in October.

Source: Ambito

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