Russia's Gazprom to halt gas supplies through Bulgaria as of 27 April

Joel Frank Independent Analyst

Russian state-owned gas supplier Gazprom is to halt supplies going through Bulgaria into Europe as of Wednesday 27 April, Bloomberg reported on Tuesday, citing the Bulgarian Energy Ministry.

The report comes after Gazprom earlier notified Poland's gas supplier PGNIG that it would be halting gas supplies as of 0800CET on Wednesday.

Bloomberg framed the news as a "major escalation in the fight between Moscow and Europe over crucial energy supplies", noting it comes against the backdrop of a standoff between the two sides over Russian demands for gas payments to be made in roubles.

Author

Joel Frank

Independent Analyst

Joel Frank is an economics graduate from the University of Birmingham and has worked as a full-time financial market analyst since 2018, specialising in the coverage of how developments in the global economy impact financial asset

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