News: April 26, 2022. Russia Halts All Natural Gas Deliveries to Poland

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Due to the lack of payment in rubles, Russia is halting all natural gas deliveries to Poland. Poland has stated that they are ready to be independent from Russian gas because they have 76% of their warehouses full.

Poland imports 55% of its natural gas from Russia.

Russia did say that "unfriendly countries" will have to settle the natural gas transactions in rubles. The markets reacted immediately on the news. European gas prices jumped 17% higher.

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This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.


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2 comments
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Many countries import natural gas from Russia. If imports stop, it seems that it will have some effect on gas prices.

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It's time to understand what is more important, freedom from racketeers, or eternal humiliation. Looking at prices per cubic meter of gas, one has to laugh through tears. The myth of natural gas as a non-renewable resource. has the same basis as the myth about the value and rarity of diamonds, which are very common on our planet, but their market is controlled by only one monopoly company. The gas transportation system of Russia cannot do without gas sales, both for technical reasons, the storage facilities are not bottomless, and for economic reasons, funds are needed to maintain it, to pay salaries to employees, and so on. If some prostitutes who accepted the conditions of Russia, all of a sudden the steels are in solidarity with the rest of the world and would refuse the conditions of Russia, then, very soon, not Russia, but Europe, would dictate the price of gas. But, as I said prostitutes have a kickback from gas sales and do not want to lose their illegal profits. Everything related to Russia is built on a system of kickbacks, whether they are more or less, it all depends on how suckers European politicians are.

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