Russian state-owned fuel company Gazprom has cut off natural gas deliveries to the Netherlands, as Russian President Vladimir Putin enforced his ultimatum that payments for Russian natural gas must be made in rubles. The Netherlands is currently the largest country to be cut off because of the ultimatum.
On May 31, Gazprom ceased shipments of natural gas to its Dutch equivalent GasTerra, after the latter refused to make payments for Russian natural gas in rubles, Russia’s fiat currency, as stipulated by the ultimatum.
