Russia has cut off electricity exports to Finland

Electricity / Photo: EPA

Russia's electricity exports to Finland have been suspended today, according to the network operator.

Russia's utility company RA RAO announced last week that it would suspend exports to Finland, explaining that the country had not paid for electricity sold through the pan-European Nord Pool exchange since May 6.

Russian electricity supplies to Finland fell from 87 megawatts to zero, according to data from network operator Fingrid, which said the company could replace Russian supplies with Swedish electricity and boost domestic production.

They added that the suspension of Russian exports was due to payment restrictions imposed by Western countries.

"Because of these restrictions, Russian electricity can no longer be paid for. "Therefore, the suspension is more of a consequence than a Russian countermeasure," the statement said.

Russia has so far provided about 10 percent of Finland's electricity needs.

It is unclear whether Russia's move is related to Finland's bid to join NATO.

Finnish President Sauli Niinisto confirmed yesterday that his country would formally apply for NATO membership.

Speaking to the president, Finnish Prime Minister Sana Marin said she hoped the Finnish parliament would confirm its decision to apply for NATO membership in the next few days.

Dear reader,

Our access to web content is free, because we believe in equality in information, regardless of whether someone can pay or not. Therefore, in order to continue our work, we ask for the support of our community of readers by financially supporting the Free Press. Become a member of Sloboden Pechat to help the facilities that will enable us to deliver long-term and quality information and TOGETHER let's ensure a free and independent voice that will ALWAYS BE ON THE PEOPLE'S SIDE.

SUPPORT A FREE PRESS.
WITH AN INITIAL AMOUNT OF 60 DENARS

Video of the day