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Gazprom suspends gas supply to Finland on Saturday after Gasum refuses to pay in rubles

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Gasum has denied Gazprom Export’s request to pay in rubles, as Russia has called for “unfriendly” European countries.

“It is unfortunate that natural gas supplies under our supply contract will now be stopped,” Gasum CEO Mika Wiljanen said in a statement.

He emphasized that Finland had taken the necessary steps to stop the flow of gas from Russia to Helsinki, and that the supply of natural gas would be possible for all Gasum customers in the coming months, provided that “there will be no disruptions in the transmission network. gas ”.

The interruption is scheduled to take place at 04.00 GMT (7.00, Romanian time), on May 21.

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Gasum has announced that it will continue to supply gas to Finnish customers from other sources through the Balticconnector pipeline linking Finland to Estonia. The Finnish company also warned on Wednesday that Russia could disrupt gas flows due to the dispute over payments in rubles.

Kremlin spokesman Dmitry Peskov said on Friday ahead of Gasum’s announcement that Moscow had no detailed information on Gazprom’s supply contracts.

“But obviously nothing will be provided for free to anyone,” Peskov said.

The prospect of losing most of its gas supply has prompted Finnish giants such as Neste and Metsa to look for alternative energy sources or to draw up contingency plans to adapt their production.

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The Stora Enso Forestry Group has said it has already replaced Russian natural gas with liquefied natural gas (LNG) in all its units.

UPM also stated that it uses gas delivered through the BalticConnector pipeline from Western suppliers, but is preparing in the event of short-term outages.

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