Russia’s Gazprom has stopped natural gas exports to Finland
over a payment dispute.
Gasgrid, the Finnish gas system operator announced the
supply cut-off in a statement on Saturday.
“Gas deliveries via the Imatra feeder point have been
interrupted on 21 May 2022. The amount of gas needed by the Finnish gas market
will be imported into the Finnish gas system via Balticconnector in accordance
with the transfer requests made by the market participants. Gasgrid has
implemented a change in the direction of gas imports at Balticconnector and the
gas system is currently in balance,” the statement reads.
Imatra is the entry point for Russian gas into Finland while
the Balticconnector links Finland to Estonia’s gas grid.
Gazprom had demanded that European countries pay for Russian
gas supplies in roubles because of sanctions imposed over Moscow’s invasion of
Ukraine, but Finland refused to do so.
Gazprom on Friday said flows would be cut because Finland
had not complied with the new Russian rules requiring settlement in roubles.
Gasum, Finnish state-owned gas wholesaler, also confirmed
the gas supply halt in a statement.
“Natural gas supplies
to Finland under Gasum’s supply contract have been cut off. Starting from
today, during the upcoming summer season, Gasum will supply natural gas to its
customers from other sources through the Balticconnector pipeline,” the statement
reads.
The gas cut-off comes as Finland submitted its bid to join
the North Atlantic Treaty Organisation (NATO) on Wednesday, despite Russia’s
warning.
Russia had suspended electricity supply to Finland, citing
payment difficulties.
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