Finland will be cut off from Russian gas after it refused demands to pay in rubles, Finnish state-owned firm Gasum said on Friday, just days after the Nordic country formally set aside decades of neutrality and applied to join NATO.

Key Facts

- Advertisement -

Russia’s Gazprom told Gasum that Finland’s gas supplies will be halted early Saturday morning, Gasum said in a statement.

Gasum chief executive Mika Wiljanen described the situation as “highly regrettable” but said the company has “been carefully preparing for this situation” and will be able to supply all customers “in the coming months.”

Barring other disruptions, Gasum said it will use the Balticconnector pipeline connecting Finland and Estonia to supply natural gas from other sources.