Finland Braces For Russian Gas Cut-Off Ahead Of NATO Decision

Cat:

Related stories

Ramaphosa, Trump Meet Soon Over Strained South Africa-US Relations After Ambassador Rasool’s Expulsion

By Abiola Olawale South African President Cyril Ramaphosa has announced...

Eminent Scholar- Diplomat, Ibrahim Gambari Showers Accolades On Emir of Ilorin, Ibrahim Sulu-Gambari, on His 85th Birthday

By Abiola Olawale Eminent Scholar-Diplomat, former Nigeria’s Foreign Affairs Minister...

Relief As NiMet Workers Call Off Strike After FG’s Brokered Truce

By Abiola Olawale Workers of the Nigerian Meteorological Agency (NiMET)...

‘No Comment’…Reps Decline Response As Ibas Shuns Panel On Rivers Emergency Rule Again

By Kolawole Ojebisi The House of Representatives Ad-Hoc Committee on...

Poverty Will Increase In Nigeria By 3.6% Over Next Five Years — World Bank

By Kolawole Ojebisi The World Bank has projected a bleak...
  • Finland could become the next country to which Russia may cut off gas supplies.
  • Finland is expected to decide within weeks whether to apply to join NATO.
  • The Scandinavian country has refused to pay in rubles for Russian gas.

Finland is prepared that it could be next on Russia’s list for cutting off gas deliveries for European Union members, as the Russian neighbor to northwest is expected to decide within weeks whether to apply to join NATO.  “Finland is prepared for the possibility that gas deliveries from Russia would end,” Finnish Minister of European Affairs Tytti Tuppurainen told Reuters on Thursday.

Russia has already halted natural gas supply to two EU members as it insists customers start paying in rubles for its gas. Last week, Gazprom stopped gas deliveries to Poland and Bulgaria, saying supply was cut off “due to absence of payments in rubles.”

Finland has refused to pay in rubles, which could result in its Russian supply being cut off, all the more so that Russia has warned Finland, as well as Sweden, against applying to join NATO.

The Russian invasion of Ukraine pushed the previously relatively neutral EU members Finland and Sweden to consider joining the Western military alliance. Russia, for its part, has cited NATO expanding to its borders as a reason to consider it a threat to its interests.

Both Finland and Sweden are expected to decide whether to apply for NATO membership in the coming weeks.

Meanwhile, a Russian army helicopter violated Finland’s airspace on Wednesday, a spokesperson for the Finnish defense ministry told AFP.

In the interim, NATO announced on Thursday that it would provide extra security and increase its presence in the Baltic Sea while the fate of Finland and Sweden’s NATO membership is being decided.

Finland gets up to 70 percent of the gas it uses from Russia, although gas doesn’t have a large share in the overall energy mix.

Getting ready to be cut off from Russian gas, Finland has been preparing to use alternative energy sources. Last month, the Government’s Ministerial Committee on Economic Policy recommended that Finland lease a large liquefied natural gas (LNG) terminal ship in cooperation with Estonia.

“As a result of the war in Ukraine, we must also be prepared for gas imports to stop. A floating LNG terminal is an effective way to secure the gas supply for our industry,” Economic Affairs Minister Mika Lintilä said in April.

NB: Tsvetana Paraskova wrote this article for Oilprice.com

Tsvetana Paraskova
Tsvetana Paraskova
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

Latest News
Ramaphosa, Trump Meet Soon Over Strained South Africa-US Relations After Ambassador Rasool's ExpulsionEminent Scholar- Diplomat, Ibrahim Gambari Showers Accolades On Emir of Ilorin, Ibrahim Sulu-Gambari, on His 85th BirthdayRelief As NiMet Workers Call Off Strike After FG’s Brokered Truce'No Comment'...Reps Decline Response As Ibas Shuns Panel On Rivers Emergency Rule AgainPoverty Will Increase In Nigeria By 3.6% Over Next Five Years -- World BankAlleged N1.3trn Fraud: Court Authorizes EFCC to Arrest Six CBEX PromotersDaddy Showkey Slams Niger Governor Over Arrest Order Against People With DreadlocksWhy I'll Never Join Wike, Others To Insult Odili -- AmaechiOkowa, Oborevwori's Defection: Atiku's Future Bleak As Allies Give 'Leprous' Coalition Wide Berth -- OnanugaNNPCL Set for Forensic Audit, Says Minister EdunPope Francis's Doctor Provides Fresh Update on the Pontiff's Death: “He Died Without Suffering”Obama's Wife, Michelle, Breaks Silence On Why She Shunned Trump's InaugurationJubilation As FG Releases N50bn To Clear ASUU, Other Varsity Staff AllowancesNiger Gov. Backtracks On Deadlocks Ban Amid Public OutrageNiger State Governor Umaru Bago Orders Burnaboy, Jay-z, Faze, Victor Moses, Timaya, Solidstar, Rema, Others Arrested if Found in Niger State
X whatsapp