Printed on Wed Jul 06 2022 12:58:37 AM
Russia stops gas supply to Finland
Russia has stopped its supply of natural gas to Finland, Russian media report.
Ria news agency said the supply was cut off as scheduled at 07:00 local time (04:00 GMT) on Saturday, May 21st.
Finland has been refusing to pay for its supplies in roubles. But it also follows an announcement that Finland will apply for Nato membership. The Finnish state-owned energy firm Gasum said the Russian move was "regrettable" but there would be no disruption to customers.
Despite its invasion of Ukraine on 24 February, Russia continues to supply gas to many European countries.
After Western powers sanctioned Russia over the war, Russia said "unfriendly" countries must pay for gas using the Russian currency, a move the EU considers blackmail.
Reliance on Russian energy is a contributing factor in the cost-of-living crisis faced by many consumers.
Finland imports most of its gas from Russia but gas accounts for less than a tenth of the country's energy consumption. "It is highly regrettable that natural gas supplies under our supply contract will now be stopped," Gasum CEO Mika Wiljanen said in a statement.
"However, we have been carefully preparing for this situation and provided that there will be no disruptions in the gas transmission network, we will be able to supply all our customers with gas in the coming months," he added. Asked about the matter, a Kremlin spokesman said, "it is obvious that nobody is going to deliver anything for free".
Read More: Russia cuts off electricity to Finland