Russia has suspended power exports to Finland, Finnish operator Fingrid confirmed to CNN on Saturday.
Fingrid’s Senior Vice President of Power System Operations Reima Päivinen said the supply was effectively cut at 12 a.m. CET on Saturday (7 p.m. ET Friday).
He added that the suspension did not have any impact on the market and that Finland “can cope” with the cut, as Russian electricity amounts to a small fraction of the country’s total consumption.
“We’re also heading into the summer and less electricity will be needed,” Päivinien said, adding he was “confident there won’t be any major problems” next winter.
On Friday, Fingrid said Russia was suspending power exports due to problems in receiving payments.
Some context: The Finnish government is planning to issue a second white paper on Sunday proposing that the country joins NATO, Finland’s Foreign Minister Pekka Haavisto told reporters on Thursday. The proposal would then be put into a parliamentary vote with a plenary scheduled for Monday morning.
Russia's foreign ministry said Finland's possible accession to NATO marked a "radical change in the country's foreign policy" and warned of retaliatory countermeasures.
Finland shares an 830-mile border with Russia and its accession would mean that Russia would share a border with a country that is formally aligned with the US.
"Russia will be forced to take retaliatory steps, both of a military-technical and other nature, in order to stop the threats to its national security that arise in this regard," it said.
In late April, Gazprom said it fully halted supplies to Polish gas company PGNiG and Bulgaria's Bulgargaz after they refused to meet a demand by Moscow to pay in rubles rather than euros or dollars.