Russia’s Gazprom suspended natural gas supplies to Gasum on May 21 after the Finnish company refused to pay for Russian gas in rubles, the two companies said in separate statements. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Gasum said previously that it will be able to supply all of its customers in the coming months with gas imported via the Balticconnector with Estonia. The cut-off was expected and comes after Bulgaria and Poland refused to comply with the new ruble-based payment decree and were cut off from Russian gas in late April. Russia’s invasion of Ukraine has sparked major concerns about Russian gas supplies to Europe and led to significant price volatility since the conflict began Feb. 24. The TTF month-ahead price reached a record Eur212.15/MWh […]