Russia to Cut Natural Gas Supply to Finland: Gasum
Russian gas will stop flowing to Finland at 7 a.m. local time on Saturday, Finnish state gas company Gasum said in a statement Friday
The move appears to be in response to Finland's state-owned energy company refusing to accept the Kremlin's demand for payment in rubles and to seek arbitration om the dispute.
The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business.
Gasum CEO Mika Wiljanen called the the cut-off “highly regrettable," adding that the company has been "carefully preparing for this situation." Natural gas accounted for just 6% of Finland's total energy consumption in 2020, with Russian imports providing approximately 68% of that total, according to the International Energy Agency.
Wiljanen said that Gasum "will be able to supply all [of its] customers with gas in the coming months" provided there are no disruptions to the gas transmission network. He added that the winter would be "challenging."