Gasum considers there to be a real risk of the natural gas supplies under the company’s gas supply contract ending and that it is likely that imports of natural gas from Russia to Finland will cease either late on Friday, May 20 or on Saturday, May 21, 2022. Gasum has not received any information about the matter from Gazprom Export (Gazprom) or from the Russian transmission operator.

Gasum will continue preparing for the situation together with its customers and the national authorities responsible for emergency supply. During the coming summer season, Gasum will aim to ensure the availability of gas for its Finnish natural gas customers from other sources through the Balticconnector gas pipeline. However, constraints on transmission capacity can make this challenging.

About Gasum

The energy company Gasum is a Nordic gas sector and energy market expert. Gasum offers cleaner energy and energy market expert services for industry and for combined heat and power production as well as cleaner fuel solutions for road and maritime transport. The company helps its customers to reduce their own carbon footprint and that of their customers. Together with its partners, Gasum promotes development towards a carbonneutral future on land and at sea.

About Gazprom

Gazprom is a global energy company focused on geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, sales of gas as a vehicle fuel, as well as generation and marketing of heat and electric power.
Gazprom is a reliable supplier of gas to Russian and foreign consumers. The Company owns the world’s largest gas transmission system, the total length of which within the boundaries of Russia reaches 175.2 thousand kilometers. Gazprom sells more than half of its gas to Russian consumers and exports gas to over 30 countries within and beyond the former Soviet Union.