A state company says Russia will stop gas supplies to Poland 2022-04-26 15:54:00

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“On April 26, Gazprom informed PGNiG of its intention to completely suspend deliveries under the Yamal contract at the beginning of contract day on April 27,” the statement read.

The news sent US natural gas futures prices up about 3% on Tuesday.

The Russian state news agency TASS, citing company spokesman Sergei Kupriyanov, reported that Gazprom had not confirmed the halt in Russian gas supplies to Poland.

But Kupriyanov stressed that Poland should pay for Russian gas supplies in rubles, a demand that Warsaw rejected.

Russia delivered warning Last month, “unfriendly” countries said they would have to pay for their energy in rubles from April 1 or risk cutting off vital supplies. But the gas flow continued.

The Kremlin said that gas payments delivered at the time of their announcement would be reduced by the end of April or the beginning of May, which is why Russia did not immediately stop the flow of gas to Europe.

The threat of high stakes for President Vladimir Putin has sent shock waves across Europe, which cannot keep its economy running for long without Russian energy. Moscow has sent a clear signal that it may at some point reduce natural gas flows — perhaps to deter or respond to tougher sanctions from the West over the war in Ukraine.

PGNiG said it is ready to get gas from various directions, including through gas links on its western and southern borders and the liquefied natural gas (LNG) terminal in the northwestern port city of Swinoujscie.

It also said that underground gas storage is about 80% full.

She added, “The balance sheet is supplemented by domestic gas production and fuel reserves accumulated in underground gas storage facilities. Currently, the level of warehouse filling is about 80 percent which is much higher than in the similar period in previous years.”

The Polish gas company said that all deliveries to customers are currently being carried out according to their needs, adding that the company is monitoring the situation and is ready for different scenarios.

Polish Climate Minister Anna Moskowa confirmed, Tuesday, that there will be no shortage of gas in Poland despite the suspension of Russian exports.

“Poland has the necessary gas reserves and supply sources that protect our security – we have been virtually independent from Russia for years,” she said on Twitter.

“There will be no shortage of gas in Polish homes,” the minister wrote.

– CNN’s Anna Udziniak and Alana Pavlova contributed to this report

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