Finland’s Gasum plans to buy Russian gas for at least another decade

The Finnish state energy company, Gasum, signed a long-term contract with the Russian Gazprom Export until 2022. As reported by TASS, it intends to buy gas from Russia for many years to come, despite the sanctions.

PHOTO: WWW.REUTERS.COM

Finland’s Yle broadcasting company referred to Gasum in saying, “The long-term agreement was valid until 2022 and is in force until 2031. The contract will remain in action for many years to come. We import the minimum volume of LNG stipulated by the contract. We have not agreed on any additional supplies, and we are not going to do this in the future."

It is known that Gasum purchased about 175m Euros of natural gas from Russia in 2022. Since 2019, the company has imported 730m Euros of the product from Russia.