Arbitration in Stockholm ruled that Finnish Gasum is not obliged to pay for gas in rubles

This was reported in a press release by Gasum.

“On November 14, the Arbitration Court ruled on this case.

According to the decision, Gasum is not obliged to make payments either in rubles or in accordance with the proposed payment procedure.

Gasum and Gazprom Export were obliged to continue negotiations on the contract to resolve the current situation.

Russian gas supplies to Finland were terminated on May 21 at 07:00.

The Ministry of Employment and Economy of Finland noted that the reason was Helsinki's refusal to pay for gas in rubles.

Later, the Finnish government announced the Astetta alemmas global energy conservation campaign.

Alexander Frolov, Deputy General Director of the National Energy Institute, commented on the situation with gas in Europe in an interview with the Economics Today FBA.