Russia confirms halt of gas supply to Finland


FE Team | Published: May 21, 2022 18:54:48 | Updated: May 22, 2022 14:06:08


Russia confirms halt of gas supply to Finland

Russian energy giant Gazprom confirmed a complete suspension of gas supply to Finland's state-owned gas company Gasum starting Saturday due to its non-payment in rubles, says a report on Xinhua agency.

As of the end of Friday, Gazprom Export has not received any payment in rubles from Gasum for gas supplied in April in accordance with a Russian presidential decree in March, the company said in a statement.

Russian gas supplied from April 1 must be paid in rubles, of which the counterparties were informed in a timely manner, Gazprom said.

Gazprom Export delivered 1.49 billion cubic metres of natural gas to Finland in 2021, which accounted for two-thirds of the total gas consumption in the Nordic country, it added.

 

Share if you like