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Finland: Concerned that Russia will cut off gas supplies

Finland: Concerned that Russia will cut off gas supplies

Top Finnish politicians warn that Russia may cut off gas supplies to their country from tomorrow Friday, the Iltalehti newspaper writes, citing unnamed sources.

The report did not specify where the warning came from and Reuters was unable to verify the information.

Finnish President Sauli Niinisto and Prime Minister Sana Marin said today that the country would apply “without delay” for NATO membership. Most of Finland’s natural gas comes from Russia. However, natural gas accounts for only 5% of the country’s annual energy consumption.

Should deliveries from Russia stop, large industries such as Neste and Metsa, as well as other companies in the chemical, food and forestry sectors, will need to find alternative energy sources and adjust their production.

On May 5, the Finnish government said it was preparing for the possibility of Russia suspending deliveries later this month over Helsinki ‘s refusal to pay for gas in rubles.

With pipelines connecting them directly to Russia, Finland and the Baltic states are more dependent on Russian gas than other European countries. If Russian supplies fall or are cut off, Finland, Estonia, Latvia and Lithuania may need to curb demand, the European Network of Gas Transmission System Operators (ENTSOG) said in its April forecast report for April. ).

Source: ΑΠΕ-ΜΠΕ

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