Danish energy firm Orsted (ORSTED.CO) has stopped sourcing Russian coal and biomass for its power plants but will continue to buy up to 2 billion cubic metres (bcm) of natural gas from Gazprom per year under a long-term contract. Orsted, formerly named DONG Energy, sold its oil and gas assets in 2017 to focus on offshore wind, but a supply deal signed with Gazprom in 2006 which runs until 2030 remains in place. Orsted, which is 50.1% owned by the Danish state, said it would continue to buy gas from the Russian state-controlled gas firm despite criticism from Danish lawmakers. Western allies have tried to isolate Russia economically following Moscow’s invasion of Ukraine last week. “Shortfalls in gas supplies will, […]