European natural gas prices declined, with Russia unlikely to cut flows to additional buyers after a dispute over payment terms demanded by Moscow. Benchmark futures dropped as much as 8.9%. All customers have either paid for gas in line with the new terms, or have been informed they won’t receive more supply, according to a person familiar with the situation. Following a halt in flows to Shell Plc and Orsted A/S on Wednesday, no additional companies are expected to get cut off. Gazprom PJSC’s export arm said that it would suspend supplies to the companies after they refused to accept the Kremlin’s decree that payments ultimately be made in rubles. This followed a halt to GasTerra BV in the Netherlands on Tuesday. Poland, Bulgaria and Finland have also had their flows cut due to the payments dispute. For months, European companies have been navigating how to secure vital gas […]