Finnish state-owned gas company Gasum announced in a statement that “Russian natural gas supplies to Finland under the Gazum contract have been terminated,” noting that “other sources will supply gas through the Balticconctor pipeline connecting Finland to Estonia. “.
And the chairman of the company’s board of directors, Mika Viljayanin, said in a statement yesterday that “the supply of Russian natural gas under our supply contract will be terminated from Finland on Saturday morning,” and added: “However, we have been vigilantly preparing for this situation, and there are no interruptions in the gas distribution network will.
It is noteworthy that earlier the company stated that it “does not accept the requirements of Gazprom Export to switch to settlements in rubles and therefore will not make settlements in rubles or according to the proposed (Gazprom Export) settlement mechanism.” She explained that the Finnish side decided to submit the contract for the supply of natural gas to arbitration.
On March 31, Russian President Vladimir Putin signed a decree on the establishment of a new system of payment for Russian gas supplies by buyers from countries unfriendly to Russia, including the European Union.
According to the decree, European companies from unfriendly countries are required to open two accounts with Gazprombank, the first in euros and the second in Russian rubles.
Source: El Nashra