Russia “cut off the power” to the second EU country

“Russia has stopped supplying electricity to Lithuania” – radio RT (Russia) quoted a notice from Lithuania’s national power transmission company Litgrid on May 22, confirming it.

The Lithuanian Ministry of Energy has also previously issued a notice to stop buying electricity from Russia through Inter RAO (Russia) energy company. “According to the decision of the pan-European electricity exchange Nord Pool, the electricity business in Russia conducted by Inter RAO (through its subsidiary Inter RAO Loiuva) will cease from May 22.”

Inter RAO, the sole importer of electricity from Russia to Lithuania, on May 20 also confirmed the suspension of transactions, according to news agencies. TASS. “Inter RAO has received a notice from Nord Pool about the suspension of its subsidiary due to the risk of not being able to pay Russian electricity bills.”

After the supply from Russia is shut down, Lithuania will meet the national electricity demand through local power plants and imports from other European countries, especially Sweden, Poland and Latvia. The plan was revealed by Litgrid CEO Rokas Masiulis, adding that imports from Russia account for 16% of electricity consumption in Lithuania.

Electricity from Russia accounts for about 10% of Finland’s total electricity consumption. Photo: Fingrid

Lithuania is the second European Union (EU) country after Finland to be “disconnected” by Russia for the same reason.

Inter RAO Nordic branch has stopped exporting electricity to Finland from May 14. “Inter RAO has not received electricity payment through Nord Pool exchange since May 6 without any reason. This is an exceptional situation, occurring for the first time in more than 20 calendar years. our buying and selling history,” said Inter RAO’s Finnish subsidiary, RAO Nordic. Electricity from Russia accounts for about 10% of Finland’s total electricity consumption.

Last month, Lithuania became the first EU country to stop importing gas from Russia, and it also refused to buy oil from Moscow. RT.