According to a state-owned power corporation, Russia will begin cutting off Finland's electrical supply on Saturday since the country has not paid its bills.
According to Reuters, RAO Nordic, a subsidiary of Inter ROA, has announced that it will cease exporting electricity to Finland without offering further details, citing increased tensions across Europe caused by the Russia-Ukraine conflict.According to the newspaper, RAO Nordic said in a statement that "this situation is uncommon and happened for the first time in over twenty years of our trading experience."
AMID A NATO BID, RUSSIA MAY CUT GAS SUPPLIES TO FINLAND.
According to the report, electrical services, which account for 10% of the country's total usage, were turned off "for the time being" at 1 a.m. local time.
"Missing imports in the electrical market can be covered by buying more electricity from Sweden and also by domestic production," the business said, according to Reuters.
Fingrid is not said to be involved in the issue.
"They are paid for by Nord Pool. In this electricity trade, Fingrid is not a participant. We provide a link between Russia and Finland "Fingrid's senior vice president for operations, Reima Paivinen, told the source.
RUSSIA IS CHARGED WITH 'BLACKMAIL' BY THE EU AFTER IT CUT GAS TO POLAND AND BULGARIA.
The stopped payments could be linked to Russian President Vladimir Putin's previous demands that countries pay gas fees in rubles, Russia's national currency.
The demand came as international economic sanctions on Russia tightened.Last month, the Finnish government said that it would not pay in rubles for Russian gas deliveries.
"We have never had settlements in rubles, only in euros, Norwegian crowns, Swedish crowns, and Danish crowns, in line with our regular procedures," Nord Pool said when asked about the ruble requirement.
KREMLIN WARNS RUSSIA ABOUT FINLAND'S NATO MOVE.
Finland has pushed to join NATO, raising tensions with Russia.President Sauli Niinisto and Prime Minister Sanna Marin of Finland said on Thursday that their country wants to join NATO "as soon as possible."
"Finland's security would be improved by joining NATO. Finland would strengthen NATO as a whole as a member "according to the leaders
[zombify_post]
0 Comments