Russia to cut off gas to Finland on Saturday after country refuses to pay in roubles

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Russia to cut off gas to Finland on Saturday after country refuses to pay in roubles — via financialpost Oil Gas News Energy Russia

Gazprom Export has demanded that European countries pay for Russian gas supplies in roubles because of sanctions imposed over Moscow’s invasion of Ukraine.

The majority of gas used in Finland comes from Russia but gas only accounts for about 5 per cent of its annual energy consumption. “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 said.Article contentGasum, which had warned on Wednesday that Russian supplies could be cut, said it would continue to supply gas to Finnish customers from other sources through the Balticconnector pipeline connecting Finland with Estonia.

Gazprom Export said this was because Gasum had not paid it for gas delivered in April under new Russian rules requiring settlement in roubles.Article contentPrior to the Gasum announcement, Kremlin spokesman Dmitry Peskov said on Friday Moscow did not have detailed information regarding Gazprom’s supply contracts.

 

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financialpost Waiting for the NP to start writing anti Finish articles now.

financialpost

financialpost I am guessing it is BBQ time in Finland

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