Russia Halts Gas Supplies To Finland

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Russia Halts Gas Supplies To Finland

The BBC is reporting Finnish state-owned energy firm, Gasum, says Russia is halting its supply of natural gas to Finland.

Finland has been refusing to pay for its supplies in roubles.

However, it also follows an announcement that Finland will apply for Nato membership.

Gasum said the move was “regrettable” but said there would be no disruption to customers.

Despite the Ukraine conflict, Russia continues to supply gas to many European countries.

After Western powers sanctioned Russia over the war, Russia said “unfriendly” countries must pay for gas using the Russian currency, a move the European Union considers blackmail.

Reliance on Russian energy is a contributing factor in the cost-of-living crisis faced by many consumers.

Finland imports most of its gas from Russia.

However, gas accounts for less than a tenth of the country’s energy consumption.