29.04.2022, 13:07
Danish Energy Company Orsted Refused to Pay for Gas from Russia in Rubles
Source: OREANDA-NEWS
OREANDA-NEWS. The Danish energy company Ørsted will not pay for Russian gas in rubles. This was stated by the CEO of the company Mads Nipper.
"Ørsted rejects Gazprom Export's demand to pay for gas supplies in rubles," Nipper said.
According to him, the company will no longer enter into new long-term contracts with the Russian side. Existing agreements will also not be renewed.
Ørsted is Denmark's largest energy company. The old name of the company is Dong Energy. It is engaged in the development of oil and gas projects, as well as coastal and offshore wind energy and bioenergy projects.
On April 28, Hungarian Foreign Minister Péter Szijjarto confirmed that the country had accepted the Russian-introduced payment scheme for gas and oil in rubles. He pointed out that 85% of gas and 65% of oil come from Russia, and the country found itself in a new situation not “for fun”, but based on infrastructural features. Hungary has no alternative sources or routes that would allow it to cut off Russian energy supplies in the next few years.
The day before, Szijjarto announced that Budapest would transfer euros to pay for gas from Russia, after which they would be converted into rubles at Gazprombank, and Russian gas supplies continue as scheduled.
Prior to this, Gazprom completely suspended gas supplies to the Bulgarian company Bulgargaz and the Polish PGNiG (Poland) due to non-payment of gas supplies in rubles.
"Ørsted rejects Gazprom Export's demand to pay for gas supplies in rubles," Nipper said.
According to him, the company will no longer enter into new long-term contracts with the Russian side. Existing agreements will also not be renewed.
Ørsted is Denmark's largest energy company. The old name of the company is Dong Energy. It is engaged in the development of oil and gas projects, as well as coastal and offshore wind energy and bioenergy projects.
On April 28, Hungarian Foreign Minister Péter Szijjarto confirmed that the country had accepted the Russian-introduced payment scheme for gas and oil in rubles. He pointed out that 85% of gas and 65% of oil come from Russia, and the country found itself in a new situation not “for fun”, but based on infrastructural features. Hungary has no alternative sources or routes that would allow it to cut off Russian energy supplies in the next few years.
The day before, Szijjarto announced that Budapest would transfer euros to pay for gas from Russia, after which they would be converted into rubles at Gazprombank, and Russian gas supplies continue as scheduled.
Prior to this, Gazprom completely suspended gas supplies to the Bulgarian company Bulgargaz and the Polish PGNiG (Poland) due to non-payment of gas supplies in rubles.
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