Russian company Gazprom has informed Finland that it will stop sending natural gas to the country from Saturday morning (21), Finnish state gas company Gasum said on Friday (20).
This is because Gasum refused to pay Gazprom Export in rubles, as Russia requested from European countries.
“It is highly regrettable that the supply of natural gas under our contract is now being discontinued,” Gasum Chief Executive Mika Wiljanen said in a statement.
“However, we are carefully preparing for this situation and as long as there are no interruptions to the gas transmission network, we will be able to supply gas to all our customers in the coming months.”
Gasum highlighted that it will continue to supply gas to Finnish customers from other sources through the “Balticconnector” pipeline, which links Finland to Estonia.
Gasum had warned on Wednesday (18) that Russia could cut supplies of the fuel due to the conflict over payments in rubles.
Most of the gas used in Finland comes from Russia, but this product only accounts for about 5% of the country’s annual energy consumption.
Gazprom did not immediately respond to a request for comment.
Source: CNN Brasil

I’m James Harper, a highly experienced and accomplished news writer for World Stock Market. I have been writing in the Politics section of the website for over five years, providing readers with up-to-date and insightful information about current events in politics. My work is widely read and respected by many industry professionals as well as laymen.