Energy

Finland’s gas flows from Russia to be shut off from Saturday: Energy provider

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A drilling rig at a gas processing facility, operated by Gazprom.

Maxim Shemetov | Reuters

Russia may have just made its first retaliatory move against Finland after lawmakers in Helsinki officially applied to join the military alliance NATO.

Gasum, Finland’s state-owned gas wholesaler, said in a statement Friday morning that natural gas imports from Russia will be halted from Saturday.

“On the afternoon of Friday May 20, Gazprom Export informed Gasum that natural gas supplies to Finland under Gasum’s supply contract will be cut on Saturday May 21, 2022 at 07.00,” it said in a statement.

Gasum’s CEO Mika Wiljanen added that the company had been preparing for such a situation “and provided…



Source cnbc.com

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