Gazprom completely suspends gas supplies to Finland’s Gasum due to failure to pay in rubles

As of the end of the working day on May 20, Gazprom Export did not yet receive a payment from Finland’s Gasum for the gas supplied in April, which was to be made in compliance with the Russian President’s Decree No. 172 dated March 31, 2022.

Payments for gas supplied since April 1 must be made in rubles via new account details, of which the counterparties were duly informed.

In 2021, Gazprom Export delivered 1.49 billion cubic meters of gas to Gasum, which made up two-thirds of Finland’s total gas consumption.