Gazprom Export Stops Delivering Gas To Finnish Gasum Starting From Saturday
Sumaira FH Published May 20, 2022 | 08:49 PM
Gazprom Export has not received payment in rubles from the Finnish Gasum company for gas supplied in April and stops delivering starting from Saturday, the Russian company said on Friday
MOSCOW (UrduPoint News / Sputnik - 20th May, 2022) Gazprom Export has not received payment in rubles from the Finnish Gasum company for gas supplied in April and stops delivering starting from Saturday, the Russian company said on Friday.
"As of the end of the working day on May 20 (the payment deadline according to the contract), Gazprom Export has not received payment from Gasum for gas supplies in April.
In this regard, Gazprom Export notified Gazum of the suspension of gas supplies from May 21, 2022 until payment is made in accordance with the procedure established by the (Russian) decree," the company said in a statement, adding that Gasum has initiated arbitration proceedings under the contract.
Recent Stories
HEC reviews curricula for environmental sciences degree programme
ICC Asia looking forward to an action-packed Asia Cricket Week
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
Greece hands Olympic flame to 2024 Paris Games hosts
Two Kyiv hospitals evacuating over feared Russian strikes
World must act on neurotech revolution, say experts
Charles & Catherine's cancer diagnoses
Champions Alcaraz and Sabalenka through in Madrid Open
King Charles to resume some public duties during cancer treatment: palace
US defense chief announces $6 bn in security aid for Ukraine
Heavy rains cause damage to Spezand-Taftan railway track
Woman stabbed in Israel, attacker killed: police
More Stories From Business
-
Finance minister reviews progress on FBR digitalization
1 hour ago -
US stocks rebound on tech earnings, London hits new record
1 hour ago -
US approves gene therapy treatment for hemophilia
1 hour ago -
KATI president for inclusion of agri sector in tax net
1 hour ago -
Ahsan chairs 13th CPEC-JCC preparatory meeting, reviews arrangements for high-level delegation’s v ..
3 hours ago -
Police to take every step for security of business community: IGP
3 hours ago
-
WB director, Planning minister discuss reforms in development projects
3 hours ago -
IP rights crucial in achieving SDG : Jam Kamal
4 hours ago -
FBR’s data protection efforts commended by OECD assessment team
4 hours ago -
US stocks rebound on tech earnings, London hits new record
5 hours ago -
SECP-IFSB workshop highlights Pakistan's progress in Islamic Finance Development
5 hours ago -
SBP to announce monetary policy on April 29
5 hours ago