• $
  • €
  • ₽
  • ₺
  • £

Baltic states stop Russian gas imports

Baltic states stop Russian gas imports
04.04.2022 17:00
The head of Latvia's natural gas storage operator said that the Baltic states were no longer importing Russian natural gas, reported from The Baltic Times.

"If there were still any doubts about whether there may be any trust in deliveries from Russia, current events clearly show us that there is no more trust," said Uldis Bariss, CEO of Conexus Baltic Grid.

"Since April 1, Russian natural gas is no longer flowing to Latvia, Estonia and Lithuania," he told Latvian Radio.

He added that the Baltic market was currently being served by gas reserves stored underground in Latvia.

The move comes as Russian President Vladimir Putin has sought to leverage Russia's status as an energy power.

With his economy crippled by unprecedented international sanctions, Putin warned EU members that they would need to set up ruble accounts to pay for Russian gas.

He said that existing contracts would be halted if the payments were not made.

While the US banned the import of Russian oil and gas, the European Union - which received around 40 percent of its gas supplies from Russia in 2021 - has retained deliveries from Moscow.

Lithuanian President Gitanas Nauseda called on the rest of the EU to follow the Baltic example.

"From this month on - no more Russian gas in Lithuania," he said on Twitter.

"Years ago, my country made decisions that today allow us with no pain to break energy ties with the aggressor," he added. "If we can do it, the rest of Europe can do it too!"

www.anews.az
Facebook
Go
Similar news
Similar news
Central Bank of Azerbaijan Releases Official Exchange Rates for October 23
Business 11:00
Central Bank of Azerbaijan Releases Official Exchange Rates for October 23
Natural Gas Futures Drop on New York Mercantile Exchange
Business 10:30
Natural Gas Futures Drop on New York Mercantile Exchange
Brent Climbs Above $113, WTI Tops $100
Business 10:00
Brent Climbs Above $113, WTI Tops $100
Abortion Rates in Azerbaijan Rise 21.9% in 2025, Statistics Committee Reports
Business 16:59
Abortion Rates in Azerbaijan Rise 21.9% in 2025, Statistics Committee Reports
Armenian Deputy PM Visits Syunik for Trump Route Infrastructure Planning
Business 14:30
Armenian Deputy PM Visits Syunik for Trump Route Infrastructure Planning
Azerbaijan Sets Target for Transition to Electric Stoves in Residential Buildings
Business 14:00
Azerbaijan Sets Target for Transition to Electric Stoves in Residential Buildings
Brent surges to $110.84, WTI reaches $98.64
Business 13:00
Brent surges to $110.84, WTI reaches $98.64
Azeri Light crude climbs to $119.70 per barrel
Business 12:30
Azeri Light crude climbs to $119.70 per barrel
Gold drops to $4,106 per ounce on COMEX
Business 12:00
Gold drops to $4,106 per ounce on COMEX
Anews TV

Our official Youtube channel

Subscribe