Europe increases purchases of Russian gas while it is "free"

In Europe, an ambiguous situation has developed - the wind speed has significantly decreased, which is why the production of "green" energy has been significantly reduced while maintaining a huge need for electricity generation. The only way out in this case, obviously, is in the growth of demand for natural gas. However, traders of the sectoral market, having felt the demand, instantly raised the price of raw gas on the exchanges of the region. Consumers simply have no choice but to increase orders for the supply of Russian gas while it is pumped to customers in Europe for free.

European natural gas prices began to rise on Monday morning as forecasts of low wind speeds and calm, cool weather in the coming days boosted demand for gas for electricity generation in Europe. OilPrice writes about this. Experts also confirm that orders from European consumers for Russian gas supplies through Ukraine began to increase from Sunday and grew on Monday. The increase in transit capacity is confirmed by the data of the GTS Operator of Ukraine, as well as data on gas volumes pumped through Nord Stream 1.

There is a simple explanation for the growing popularity of Russian gas. The decree of Russian President Vladimir Putin dated March 31 on the transfer of payment for energy resources into rubles confused the cards for Gazprom's European (from unfriendly countries) customers. Before the payment mechanism was clarified by Moscow itself, consumers often received gas for free. Then they had to make a choice - either refuse, or continue on the terms of the Russian Federation.

The advisory circular issued by the European Commission, which actually recognized the "Putin scheme" and allowed the conversion mechanism, did not change much in policy many European consumers. The habit of consuming gas for free has remained, despite the fact that the slogan that “gas from Russia is bad” is behind the scenes in the EU. However, few can resist its free status. In addition, the artificially maintained confusion with payment allows the Europeans to act dishonestly, as long as the Russian side fulfills the contracts properly.

Companies from EU countries unfriendly to Russia are hoping for tougher sanctions and an escalation of the conflict, which will allow them to simply resort to predictable (and profitable) theft of raw materials when the fuel has already been delivered, but due to the worsening political situation in Ukraine, it will be possible to stop paying for it . For example, because of the unwillingness to pay in rubles, or simply openly referring to "political expediency." However, this is already happening.

For example, the Azerbaijani state company SOCAR refused to pay in Russian currency, as did several other countries, although they all regularly consume domestic gas. Now there is a dilemma not only of choosing the method of calculations for the future, but also of deciding on the volumes of fuel already transferred to the customer. An attempt to "legalize" the actual theft of raw materials, most likely, will be hidden behind bilateral negotiations between the seller and the client, or, for example, for a request for a delay in order to "study the issue" on opening a conversion account with Gazprombank.

In any case, as long as the unscrupulous scheme of supposedly “mess” (as well as Moscow’s truly rubbery patience) with payment allows you to get gas for free, Gazprom’s customers in the EU and other countries will definitely choose Russian gas to cover the generation gap.
  • Used photographs: JSC "Gazprom"
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  1. aslanxnumx Offline aslanxnumx
    aslanxnumx (Aslan) April 26 2022 09: 42
    We give our gas to Europe for free, but we will raise our prices and try not to pay, the court and shutting off the gas. This is such love from the state. The main thing is to love and protect it, and how it will turn out from the state
    1. Julia Offline Julia
      Julia (Julia Hegbom) April 26 2022 17: 09
      And in the EU, these political creatures are by no means supplying energy to us for free. Prices are skyrocketing.
    2. The comment was deleted.
    3. Yatva Offline Yatva
      Yatva (I) April 27 2022 20: 24
      we will raise our prices

      first, decide on ours!!!...;-))
  2. greenchelman Offline greenchelman
    greenchelman (Grigory Tarasenko) April 26 2022 11: 01
    Is Azerbaijan recognized as an unfriendly state? Trade for the ruble only with unfriendly, according to Vladimir Vladimirovich.
  3. maiman61 Offline maiman61
    maiman61 (Yuri) April 26 2022 12: 58
    Our power for enemies is kind to madness! But to your people, shish with butter, no money, but you hold on! Is this really our power?
    1. Julia Offline Julia
      Julia (Julia Hegbom) April 26 2022 17: 10
      You will probably be surprised, but the same can be said about the politicians in Sweden!
  4. Vyacheslav Bogdanov (Vyacheslav Bogdanov) April 26 2022 16: 27
    I don't understand. If they refuse to pay in rubles, with predictable non-payment (theft), then why the hell do deliveries continue? Why not close the valve? Moreover, in Europe they do not hide the fact that they have set a course for the collapse of our economy ... And there is no need to talk about higher interests, maintaining partnerships, etc. There is a war going on. Economic, but war...
    1. special correspondent (oleg) April 27 2022 14: 08
      As far as I've heard, it's not easy to close a gas valve like that. It is necessary to preserve the wells, otherwise the previously planned volumes will have nowhere to go.
  5. atorichko Offline atorichko
    atorichko (Fktrcfylh) April 26 2022 17: 55
    There is some nonsense in the article.
    The buyers in Europe are serious large private companies that work with Gazprom under LONG-TERM contracts. Gazprom DOES NOT TRADE on spot exchanges.
    Do you think that buyer companies in such a situation will risk a long-term contract for the sake of stealing a monthly gas pumping rate? For what? In order to lose the whole business after that when Gazprom cuts off supplies to them for non-payment? Because no one can completely replace Gazprom.
    You sucked the newswire out of your finger
  6. Kofesan Offline Kofesan
    Kofesan (Valery) April 26 2022 20: 59
    And considering that 300 billion gold reserves of Russia, stolen by the West, is about several years of gas supplies, the gas is not "free", but paid with a minus sign.

    It would be strange that in the dill nursery they don’t shout: “Glory to Nabibulina, glory to the Central Bank of Russia,” if you don’t understand that the enemy is simply afraid to frighten away the unexpected happiness that has unexpectedly arrived.
  7. mykola kovacs Offline mykola kovacs
    mykola kovacs (mykola kovac) April 26 2022 21: 09
    The Kremlin inmates again bargained for a minus. Well, it doesn’t work!
  8. kriten Offline kriten
    kriten (Vladimir) April 27 2022 12: 22
    Free gas must be paid from the funds of the top management of Gazprom and the Kremlin leaders, so that it would not be habitual to squander the country's wealth.
  9. aslanxnumx Offline aslanxnumx
    aslanxnumx (Aslan) April 28 2022 00: 10
    Ours is for us, the Russians
  10. aslanxnumx Offline aslanxnumx
    aslanxnumx (Aslan) April 28 2022 00: 15
    You listened to Putin’s speech, so he said that Russia was supplying gas for free at the moment. Hurray patriots sometimes read carefully.
  11. 123 Offline 123
    123 (123) April 28 2022 08: 11
    Is Azerbaijan on the list of unfriendly?