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Russia cuts gas supplies to Finland for 'refusing to pay in roubles'

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euronews.com

Russian energy giant Gazprom said on Saturday it had suspended all gas deliveries to Finland after Helsinki refused to pay in roubles.

Finnish state energy company Gasum did not accept the terms set by Moscow by the 20 May deadline, leading Gazprom to "completely stopped gas deliveries," the Russian group said in a statement.At the same time, many believe that the Kremlin has used this as an opportunity to retaliate for Finland's decision to apply for membership in NATO -- a move Russian President Vladimir Putin sees as hostile.In reaction to Finland's decision, the Kremlin has stated that it will be "forced to take reciprocal steps, military-technical and other, to address the resulting threats." After Russia's invasion of Ukraine on 24 February and the imposition of Western sanctions, Putin demanded in late March that buyers of Russian gas from "unfriendly" countries pay in roubles from accounts in Russia or risk being cut off from supplies.The list of "unfriendly countries" includes the US, EU member states, the UK, Canada, Japan, Switzerland, Taiwan, South Korea, Norway and Australia.

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