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Russia Cuts Gas to Dutch Energy Firm, Denmark Could Be Next

Dutch GasTerra says Russian pipeline supply to stop on Tuesday
Denmark’s Orsted ready for cut after rejecting payment terms

A worker on the Gazprom PJSC Chayandinskoye oil, gas and condensate field, Sakha Republic, Russia. — A worker on the Gazprom PJSC Chayandinskoye oil, gas and condensate field, Sakha Republic, Russia.
Source: Bloomberg

By

Morten Buttler,

Will Mathis, and

May 30, 2022, 10:48 AM UTCUpdated onMay 30, 2022, 5:22 PM UTC

Russia will cut natural gas supplied via pipelines to the Netherlands and Denmark could be next.

GasTerra BV said shipments will stop on Tuesday after it rejected new payment terms imposed by President Vladimir Putin. Gazprom PJSC confirmed the supply cut. Denmark’s Orsted A/S said it was preparing for a cut as the company, best known for its wind-power business, also refused to cave in.