Netherlands becomes the latest target of Russia's wrath as Gazprom fully cuts off gas supplies to Dutch trader GasTerra.
The new requirements for countries that Moscow deems "unfriendly" were introduced following sweeping sanctions imposed by the West on Russia for its invasion of Ukraine."Payments for gas supplied from April 1 must be made in roubles using the new bank details, about which the counterparties were informed in a timely manner," Gazprom said.
GasTerra, which buys and trades gas on behalf of the Dutch government, said it had made alternative arrangements to cover the 2 billion cubic meters of gas it had expected to receive from Gazprom through October. GasTerra said on Monday it had decided not to adopt the new payment system, which involved setting up accounts to convert euro payments to roubles.
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