Finnish gas operator Gasam announced this Friday (20) that Russia would cut all natural gas supplies to the country from Saturday morning (21).
According to the Finnish operator, the cuts were due to Finland’s refusal to pay in rubles for the supply of this fossil fuel, which Gasam refused to do.
Across Europe, about 30% of all gas consumed comes from Russia.
“Gazprom (the Russian state-owned gas company) has informed Gasom that all natural gas supplies to Finland provided for in the contract will be cut off from 04:00 on Saturday (21)”, the company’s CEO, Mika Wilken he said. “It is regrettable that the supply provided in the contract has been broken.”
The Finnish company said that, with it still in reserve, it would be possible to maintain its supply of gas to consumers “for the next few months”.
“We were already preparing for this situation and there will be no interruption in transmission of gas to consumers, so we will be able to continue to supply gas for the next few months,” the statement said.
Faced with dozens of economic sanctions imposed by European countries and the United States, Russia began demanding payment in the local currency, the ruble, for the country’s exported inputs.