Read the story here. Advertise at Before It's News here.
Profile image
By Freedom Bunker
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Russian Electricity Imports Halted To Another EU Nation

% of readers think this story is Fact. Add your two cents.

Russian Electricity Imports Halted To Another EU Nation

Lithuania has become the second European country within a month to have electricity supplies from Russia halted. 

Inter RAO, the only importer of electricity from Russia to Lithuania, confirmed the suspension of deliveries would begin on Sunday, according to Russian state-media Tass News Agency. Earlier this month, Inter RAO’s Nordic branch stopped sending power to Finland after formally applying to join NATO.   

“According to the decision of the electricity exchange operator Nord Pool, trading in electricity generated in Russia, which was carried out by Inter RAO (through its subsidiary Inter RAO Lietuva), is terminated” starting from May 22, Lithuania’s Energy Ministry said in a statement. 

It wasn’t immediately clear why power trading between both countries was halted, though it comes as the Baltic nation (and NATO member) was the first European Union member to slash natural gas imports from Russia last month. 

Lithuanian Energy Minister Dainius Kreivys said Friday that cutting imports of Russian energy supplies, including oil, electricity, and natural gas, has allowed it to become “energy independent.”

While Lithuania says halting Russian energy imports is a move toward energy freedom, Inter RAO explained that the country could not pay for electricity. 

“Inter RAO has received notices from [exchange operator] Nord Pool about the suspension of trading by subsidiaries due to the risk of being unable to pay for Russian electricity,” the company told TASS.

Russian President Vladimir Putin recently declared that “unfriendly countries” countries must pay for energy products in rubles. He said if any country refuses to settle in Russian currency, “existing contracts will be suspended.” 

Form Sunday, Lithuania will ramp up domestic electricity generation and increase imports from other EU countries. The latest figures show Lithuania, in 2021, imported 17% of all its domestic electricity demand from Russia. 

What’s apparent is that Russian energy supplies are being reduced towards NATO countries or countries attempting to join NATO, along with ones who refuse to pay rubles. 

Tyler Durden Mon, 05/23/2022 – 02:45

Read More…


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.