Russia cuts gas supply to Netherlands, Denmark

　　On May 30, Gazprom announced that it has notified GasTerra to suspend gas supply to the Netherlands from May 31 because it has not yet received the payment due from the Dutch company GasTerra in April
.
On May 31, Gazprom once again stated that the company has suspended gas supply to Denmark since June 1 because it has not yet received the arrears from Denmark's Vox Energy
.
Earlier, Gazprom asked the two companies to settle gas in rubles, but was refused
.

　　GasTerra is a partially state-owned company in the Netherlands, in which the Dutch government holds a 50 percent stake, while energy giants Shell and Exxon Mobil each hold a 25 percent stake
.
Dutch Energy Minister Rob Jetten said: "This decision will also not have any negative impact on the natural supply of ordinary households in the
Netherlands.
" Pieter ten Bruggencate, a spokesman for the Dutch economy ministry, said the Netherlands would not launch an emergency plan to require industrial users to reduce consumption.

.
The Dutch government said that the Netherlands relies on Russia for about 15% of its natural gas supply, with an annual supply of about 6 billion cubic meters
.
GasTerra said it was not yet fully understood how the shortfall of 2 billion cubic meters of natural gas caused by the Russian outage would affect the supply and demand situation in the European market, but the company had prepared for possible impacts by buying gas elsewhere
.

　　Woxu Energy said it was preparing to deal with supply cuts
.
The company's chief executive, Mads Nipper, said it was impossible for Russia to cut off gas supplies to Denmark directly because there is no direct pipeline between the two countries and Denmark should still be able to secure supply by buying gas from the European market
.
However, this means that Denmark will have to find alternatives in the European gas market to a greater extent in the future
.
Nipper said the company judged the approach "workable
.
"

　　Previously, Finland, Poland and Bulgaria were "suffocated" by Russia for rejecting the "ruble settlement order"
.
Gazprom said that since the beginning of this year, the company's natural gas extraction volume has dropped by 4.
8% year-on-year to 211.
4 billion cubic meters; its export volume has dropped by 27.
6% year-on-year to 61 billion cubic meters
.