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Russia halts gas supplies to Finland

7. Nord Stream
(File photo: AFP)
HELSINKI — Russia on Saturday halted providing natural gas to neighboring Finland, which has angered Moscow by applying for NATO membership, after the Nordic country refused to pay supplier Gazprom in rubles.اضافة اعلان

Natural gas accounts for about eight percent of Finland’s energy consumption, and most of it comes from Russia. Finnish state-owned energy company Gasum said it would make up for the shortfall from other sources through the Balticconnector pipeline, which connects Finland to Estonia, and assured that filling stations would run normally.

In April, Gazprom Export demanded that future payments in the supply contract be made in rubles instead of euros. Gasum rejected the demand and announced on Tuesday it was taking the issue to arbitration.

In efforts to mitigate the risks of relying on Russian energy exports, the Finnish government on Friday also announced that the country had signed a 10-year lease agreement for an LNG (liquefied natural gas) terminal ship with US-based Excelerate Energy. 

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