• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 7 days Does Toyota Know Something That We Don’t?
  • 10 hours America should go after China but it should be done in a wise way.
  • 6 days World could get rid of Putin and Russia but nobody is bold enough
  • 8 days China is using Chinese Names of Cities on their Border with Russia.
  • 9 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 10 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 9 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 8 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 2 hours How Far Have We Really Gotten With Alternative Energy
  • 9 days Putin and Xi Bet on the Global South
  • 9 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
  • 10 days United States LNG Exports Reach Third Place
  • 10 days Biden's $2 trillion Plan for Insfrastructure and Jobs
Natural Gas Price Drop Could Spell Doom for Producers

Natural Gas Price Drop Could Spell Doom for Producers

American gas producers have been…

How Next-Gen Biomanufacturing Can Help Slash Global Emissions

How Next-Gen Biomanufacturing Can Help Slash Global Emissions

Osaka University researchers have developed…

Polish Media: Russia Has Halted Gas Supplies To The Country

Poland announced on Tuesday that it was preparing to impose sanctions on 50 Russian oligarchs and companies, as Polish media report that Russia has stopped gas deliveries to the country, causing European gas prices to get hit with a double-digit surge. 

Poland’s One.pl online news channel reported that Russia had suspended gas supplies to Poland under the Yamal contract, citing off-the-record sources claiming that the Ministry of Climate has now gathered its crisis team to deal with the situation. 

The Polish news agency said that there had been no announcement from Russia, though Russian President Vladimir Putin had threatened to cut Poland off from gas. 

An official announcement is expected from the Polish authorities later today, according to One.pl. 

Earlier on Tuesday, Poland’s Interior Minister said the country would impose sanctions on 50 oligarchs and companies after passing a law earlier this month that would allow the authorities to freeze Russian assets and ban imports of Russian coal, Reuters reported

Moscow earlier demanded that Europe switch to paying for Russian gas in rubles or face supply suspensions. Poland has refused to comply with this demand. 

European natural gas futures were trading 4% higher on the day (as of 12:36pm EST). 


Source: Tradingeconomics

Outside of Ukraine itself, Poland is the European country most relentlessly pushing a halt to imports of Russian oil, gas and coal across the bloc, hoping to strangle Putin’s war chest. Polish Prime Minister Mateusz Morawiecki launched a highly public mobile billboard campaign last attempting to garner more public support for the sacrifices necessary to “#stopRussianoil”. 

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News