UNILAG AD
  • The Membership Club
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Tuesday, August 16, 2022
Premium Times Nigeria
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Special Reports and Investigations
      • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • #PandoraPapers
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • AUN-PT Data Hub
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Special Reports and Investigations
      • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • #PandoraPapers
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • AUN-PT Data Hub
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
Russian President Vladmir Putin. [CREDIT: Twitter handle of the Russian government]

Russian President Vladmir Putin. [CREDIT: Twitter handle of the Russian government]

Russia cuts gas deliveries to Bulgaria, Poland

The Bulgarian Energy Ministry said late Tuesday that the Bulgarian natural gas supply company Bulgargaz had received a notification of the gas cut from Russia’s state-backed energy giant Gazprom.

byAgency Report
April 27, 2022
Reading Time: 1 min read
0

Bulgaria and Poland said Russia was halting delivery of natural gas supplies, marking a major escalation in the face-off between Moscow and Europe over the war in Ukraine.

The Bulgarian Energy Ministry said late Tuesday that the Bulgarian natural gas supply company Bulgargaz had received a notification of the gas cut from Russia’s state-backed energy giant Gazprom.

Bulgaria has taken steps towards alternative gas supplies, said the ministry, adding that for the time being no limits on gas consumption was necessary.

The government had “fully complied” with its obligations and made all payments “on time and strictly” as required by the current contract, the ministry statement said.

Energy Minister Alexander Nikolov said he would comment on the supply stop on Wednesday.

Prime Minister Kiril Petkov had earlier announced that a Bulgarian government delegation would travel to Kiev on Wednesday.

The Polish natural gas company, PGNiG, said Tuesday afternoon that Gazprom was stopping gas flows as of Wednesday morning because Warsaw refused a demand by Moscow to pay for its supplies in roubles.

Polish officials said the country has been preparing for such a scenario and that gas storage facilities are currently 76 per cent full, compared to 39 per cent a year ago.

Russian President Vladimir Putin had announced in mid-March that in future he would only sell Russian gas to “unfriendly” states in exchange for roubles.

TEXEM Advert

Mr Putin justified his rouble initiative with the fact that “in violation of the norms of international law, the foreign exchange reserves of the Bank of Russia were frozen by the member states of the European Union (EU).”

The group of G7 economic powers and the European Union as a whole have rejected payments in roubles and accused Russia of breach of contract.

Despite a slew of Western sanctions on Russia following its ongoing invasion of Ukraine, oil and gas exports remain untouched because many European countries rely heavily on Russian fuel.

But the other sanctions are punishing Russia’s economy and Mr Putin’s demand that payments come in roubles is seen as an attempt to prop up the local currency.

(dpa/NAN)

  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • WhatsApp
  • Share on Tumblr
  • Pocket


Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate



TEXT AD: Call Willie - +2348098788999






PT Mag Campaign AD

Previous Post

Let’s join hands to defeat insecurity, Buhari tells leaders of political parties

Next Post

2023: Osinbajo has paid his dues, should be Nigeria’s next president – Alake of Egbaland

Agency Report

Agency Report

More News

Ondo House of Assembly [Photo: ondostatemoi.gov.ng]

Ondo lawmakers, whose seats were declared vacant, react

August 16, 2022
Monkeypox

Ebonyi records confirmed case of monkeypox

August 15, 2022
Monkeypox Virus

Osun awaits confirmatory test on first Monkeypox case

August 15, 2022
Redeemers University student, Oluwatomiwa Akinlaja.

Kidnapped undergraduate regains freedom in Ogun

August 15, 2022
Osun election: voters crosschecking their names on the voters' register pasted on the wall

Amidst protest, Osun electoral commission announces date for LG elections

August 15, 2022
The Honourable Minister of Works and Housing Mr Babatunde Fashola SAN on the deck of the 2nd Niger Bridge Project Asaba Section by Messrs Julius Berger Plc on the 11th of February 2020

Fake Employment: Group asks Fashola to protect whistleblower in works and housing ministry

August 15, 2022
Leave Comment

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2022 The Premium Times, Nigeria

No Result
View All Result
  • #PandoraPapers
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Investigations
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • #EndSARS Dashboard
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • AUN-PT Data Hub
  • Opinion
  • The Membership Club
  • DONATE
  • About Us
  • Advert Rates
  • PT Hausa
  • Dubawa NG
  • Careers
  • Contact Us
  • Digital Store

All content is Copyrighted © 2022 The Premium Times, Nigeria