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Europe decries 'blackmail' as Russia shuts off gas to Poland and Bulgaria

Russia's Gazprom halted gas supplies to Poland and Bulgaria on Wednesday over their failure to pay in roubles, cranking up an economic war with Europe

Photo: Bloomberg
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President Vladimir Putin's demand for rouble gas payments is the centrepiece of Russia's response to sanctions which include freezing hundreds of billions of dollars of Russian assets. (Photo: Bloomberg)

Reuters Sofia/Warsaw
Russia's Gazprom halted gas supplies to Poland and Bulgaria on Wednesday over their failure to pay in roubles, cranking up an economic war with Europe in response to Western sanctions imposed for Moscow's invasion of Ukraine.

The state-controlled gas pipeline monopoly, which supplies Europe with about 40% of its gas needs, said transit via Poland and Bulgaria - whose pipelines supply Germany, Hungary and Serbia - would be cut if fuel was siphoned off illegally.

Fears more states could be hit, in particular Germany, Europe's industrial powerhouse which in 2021 relied on Russia for more than 50% of its gas,

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)