Gas supplies from Russia to Finland will stop at 7 am this Saturday, as reported by the ‘Gasum’ Finnish company.
“In the afternoon on Friday, May 20, Gazprom Export informed Gasum that natural gas supplies to Finland under the agreement will be terminated on Saturday, May 21, 2022, at 07.00,” the message reads.
Gasum Oy is a Finnish state-owned energy company located in Espoo, Finland, which imports and sells natural gas. The company owns 17 biogas processing plants in Finland and Sweden and is the largest processor of biodegradable waste in the Nordic countries.
Russia has been supplying gas to Finland for almost 50 years. The first deliveries to Finns began in 1974, in December 2015 Gazprom Export and Gasum extended the gas supply contract until December 31, 2031.
“It is a pity that the supply of natural gas under our contract will now run out. However, we have carefully prepared for this situation, and if there are no interruptions in the gas transmission network, we will be able to provide gas to all our customers in the coming months,” President and CEO of Gasum, Mika Viljanen, said.
Press Secretary of the President of Russia, Dmitry Peskov, commenting on the issue said that the Kremlin does not have information about all Gazprom’s contracts, though making it clear that a shutdown is still possible, Kommersant reports.
“This is not our prerogative, you need to ask Gazprom about the details, of course. But, obviously, no one will supply anything to anyone for free,” he noted.
Source: RIA Novosti