Gazprom cuts Dutch gas supplies after GasTerra refuses Moscow's ruble-payment demand
Question
Gazprom cuts Dutch gas supplies after GasTerra refuses Moscow's ruble-payment demand
Direct answer
The cutoff removes Russian pipeline supply to the Dutch market and can tighten regional gas balances, especially during early winter demand.
- Original publisher
- Market Ontology
- Evidence through
- 2026-10-13
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “Gazprom cuts Dutch gas supplies after GasTerra refuses Moscow's ruble-payment demand”, revision 1, evidence through 2026-10-13. https://marketontology.com/market-events/2026-10-13/gazprom-cuts-dutch-gas-supplies-after-gasterra-refuses-moscow-s-ruble-payment-de-f87ea3
How this development reaches the affected companies
| Asset | Exposure and channel | Direction | Evidence |
|---|---|---|---|
| TTF-GAS | Loss of Russian pipeline deliveries increases the premium for replacement gas in northwest Europe. | Upintraday | Gazprom cut Dutch supplies after GasTerra rejected the ruble-payment requirement. |
| EUR | Higher European energy costs worsen the euro area's terms of trade and growth outlook. | Down1-5d | A further Russian supply cutoff affects a major European gas market. |
| RUB | The cutoff may reduce gas export volumes but reinforces Moscow's push to control payment and settlement terms. | Mixed1-4w | Gazprom ended deliveries specifically over the payment-currency dispute. |
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Sources
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