Finland gave up on Russian LNG half a year earlier

This decision was influenced by the adoption of the 14th package of EU sanctions against the Russian Federation.

The Finnish state company Gasum announced that it will stop using Russian gas from June 26. The decision was explained by the adoption of the 14th package of sanctions, “UNIAN” writes.

As Gasum explained, EU sanctions do not allow the company to terminate the agreement with Gazprom Export, however, they are considered a force majeure when importing Russian LNG through autonomous terminals.

This force majeure frees the Finnish company from its obligations to the gas monopolist Gazprom and allows it to abandon the Russian LNG six months ahead of schedule.

We will remind you that on June 24, the Council of the EU approved the 14th package of sanctions against the Russian Federation. 116 individuals and legal entities from the Russian Federation came under restrictions. In particular, 27 Russian vessels, including two gas carriers, are under sanctions.