Russia Is Accused By Poland And Bulgaria Of Using Natural Gas As 'Blackmail

Russia Is Accused By Poland And Bulgaria Of Using Natural Gas As ‘Blackmail.’

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Russia Is Accused By Poland And Bulgaria Of Using Natural Gas As ‘Blackmail.’

Following Russian President Vladimir Putin’s announcement that “unfriendly” countries would have to start paying for gas in rubles, gas was cut off to Poland and Bulgaria. Poland’s and Bulgaria’s leaders have accused Moscow of blackmailing their countries with natural gas.

After Russia’s state-controlled energy corporation stopped supplying them with gas, Polish and Bulgarian leaders accused Moscow of using natural gas to coerce their countries on Wednesday. Leaders of the European Union echoed the same sentiments and convened an emergency conference to discuss Russia’s actions.

After Russian President Vladimir Putin declared that “unfriendly” countries would have to start paying for gas in rubles, Russia’s currency, which Bulgaria and Poland refused to do, Russia turned off gas to Poland and Bulgaria.

Gazprom, the Russian energy behemoth, said in a statement that it had not received any payments from Poland or Bulgaria since April 1 and that supply will be suspended beginning Wednesday.

In addition, if such countries divert Russian gas intended for other European consumers, Gazprom has stated that supply to Europe will be curtailed by that amount.

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The announcement by Gazprom, according to European Commission President Ursula von der Leyen, is “yet another attempt by Russia to use gas as a tool of blackmail.”

Europe has considerable clout in the conflict because it pays Russia $400 million per day for gas, money Putin would lose if the supply was cut off completely.

Russia, on the other hand, denied using coercion and warned that if additional European clients do not agree to pay in rubles, the gas supply will be cut off. Dmitry Peskov, Putin’s spokesperson, claimed that the Russian demand to pay for gas in rubles was prompted by Western moves that froze Russian hard currency assets.

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Russia Is Accused By Poland And Bulgaria Of Using Natural Gas As 'Blackmail

He claimed the West had effectively “taken” them in an “unprecedented hostile move.” Mateusz Morawiecki, Poland’s prime minister, told Poland’s parliament that he believes the suspension is retaliation for fresh sanctions imposed by Warsaw in response to Russia’s invasion of Ukraine.

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Morawiecki denounced the stoppage as an “attack on Poland” and an example of “gas imperialism,” but vowed that Poland would not be intimidated by it. He claimed that thanks to years of efforts to obtain gas from other nations, the country was safe from an energy catastrophe.

To applause, he said, “We will not cave to Russia’s gas blackmail.” He also attempted to reassure citizens that the gas shutdown would have no impact on Polish households.

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Greece is increasing its liquefied natural gas storage capacity and has contingency measures in place to transition several industries from gas to diesel as a backup energy source. It has also overturned a plan to restrict coal production in the United States.

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“There looks to be some posturing by Gazprom,” said Gianna Bern, a finance professor at the University of Notre Dame. “It is likely that cutting off natural gas supplies to Poland and Bulgaria will have fewer implications than cutting off supplies to larger European countries.” Russia is unmistakably sending a signal.”

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Sambhrama S

My name is Sambhrama S, from Shimoga, Karnataka. I'm studying in MSC Biochemistry at Mysore University Mysore. I am interested in reading books, listening music, painting. I am also passionate to write good content on various day to day issues.

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