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5/20, 12:49 PM (Source: TeleTrader)
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Russia to cut gas to Finland on Saturday

Finnish state-owned energy company Gasum Oy announced on Friday that Russia's Gazprom will end its supply contract Saturday, May 21 at 7 am local time. Gasum stated it will import gas from other sources through the Balticconnector pipeline, assuring that its filling stations will continue normal operation.

"It is highly regrettable that natural gas supplies under our supply contract will now be halted. However, we have been carefully preparing for this situation and provided that there will be no disruptions in the gas transmission network, we will be able to supply all our customers with gas in the coming months," Gasum CEO Mika Wiljanen said.

Baha Breaking News (BBN) / DJ