Russia’s Gazprom stopped gas exports to Finland. Finland had refused to pay for gas in Rubles.
Where: Finland, Russia
The Facts
On Saturday, Russia halted natural gas to neighboring Finland after the Nordic country refused to pay supplier Gazprom in Rubles.
Natural gas accounts for about eight percent of Finland’s energy consumption, and most of it comes from Russia.
Finland’s state-owned energy firm, Gasum, stated, “Natural gas supplies to Finland under Gasum’s supply contract have been cut off.”
Gasum’s CEO, Mika Wiljanen, stated, “It has highly regrettable that natural gas supplies under our supply contract will now be halted.”
Gasum announced that it planned to take its natural gas supply contract with Russian Gazprom Export into arbitration after rejecting its requirement to switch from paying in Euros to Rubles.
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