Russia confirms halt of gas supply to Finland

Russian energy giant Gazprom confirmed a complete suspension of gas supply to the Finland's state-owned gas company Gasum starting 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.

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 meters of natural gas to Finland in 2021, which accounted for two-thirds of the total gas consumption in the Nordic country, it added.

Source: United News of Bangladesh