Russia has suspended energy exports to Finland, Finnish operator Fingrid confirmed to CNN this Saturday (14th).
Fingrid’s senior vice president of power system operations, Reima Päivinen, said the supply was effectively cut off at 12:00 pm CET on Saturday.
He added that the suspension had no impact on the market and that Finland “can handle” the cut, as Russian electricity represents a tiny fraction of the country’s total consumption.
“We are also entering summer and less electricity will be needed,” said Päivinien, adding that he is “confident there will be no major problems” next winter.
On Friday, Fingrid said Russia was suspending energy exports due to problems receiving payments.
The Finnish government is planning to publish a second statement on Sunday proposing that the country join NATO, Finnish Foreign Minister Pekka Haavisto told reporters on Thursday. The proposal would then be put to a parliamentary vote with a plenary scheduled for Monday morning.
Russia’s Foreign Ministry said Finland’s possible NATO membership marks a “radical change in the country’s foreign policy” and warned of retaliatory countermeasures.
Finland shares an 830-mile border with Russia, and its accession would mean that Russia would share a border with a country formally aligned with the US.
“Russia will be forced to take retaliatory measures, both of a military-technical and other nature, to deter threats to its national security that arise in this regard,” he said.
In late April, Gazprom said it had completely stopped supplies to Polish gas company PGNiG and Bulgaria’s Bulgargaz after they refused to heed a demand from Moscow to pay in rubles instead of euros or dollars.
Source: CNN Brasil

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