Russia confirms halt of gas supply to Finland

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Russia confirms halt of gas supply to Finland

May 22, 2022
Updated: 12:46 pm

Russia confirms halt of gas supply to Finland

Moscow, May 22 : Russian energy giant Gazprom confirmed a complete suspension of gas supply to the Finland's state-owned gas company Gasum starting from Saturday due to its non-payment in rubles. 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. Gazprom added that Russian gas supplied from April 1 must be paid in rubles, of which the counterparties were informed in a timely manner, Xinhua news agency reported. 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 said. /IANS

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