Russia halts electricity supply to another EU country

Must read

Trump Leaves The Door Open To Run With DeSantis As His VP

Donald Trump did not rule out a ticket that would include popular Florida Governor Ron DeSantis as...

Is Ghislaine Maxwell’s Paltry 20-Year Sentence The End Or Merely The Beginning?

This week, Ghislaine Maxwell was sentenced to a mere 20 years in federal prison for her part in...

Trump To Head To Alaska To Stump For Palin And Tshibaka, Could Add To Endorsed Candidate Wins

Former President Donald Trump will head to Alaska on July 9 to headline a campaign rally that Saturday afternoon...

Biden Wants To Scrap Filibuster To Codify Abortion Into Law – Manchin And Sinema Refuse To Budge

President Biden on Thursday called on the Senate to carve out an ‘exception’ to the filibuster as...

Russia has stopped supplying power to Lithuania, the country’s electricity transmission system operator Litgrid announced on Sunday.

Inter RAO, which was the only importer of electricity from Russia to Lithuania, confirmed the suspension of deliveries. Earlier this month, Inter RAO’s Nordic branch also stopped supplying electricity to Finland.

Lithuania’s Energy Ministry initially announced that it would stop buying Russian electricity on Friday.

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, the ministry said in a statement.

Following the shutdown of Russian supplies, Lithuania plans to meet electricity needs through local power plants and imports from other European countries, in particular Sweden, Poland and Latvia, Litgrid CEO Rokas Masiulis said on Friday. According to the company, Russian imports accounted for 16% of Lithuania’s electricity consumption.

Inter RAO confirmed the suspension of trading on Friday, according to TASS.

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 the agency.

Last month, Lithuania became the first EU state to scrap Russian gas imports, and it also refused to buy the country’s oil.

For more stories on economy & finance visit RT’s business section

More articles

Latest article

Trump Leaves The Door Open To Run With DeSantis As His VP

Donald Trump did not rule out a ticket that would include popular Florida Governor Ron DeSantis as...

Is Ghislaine Maxwell’s Paltry 20-Year Sentence The End Or Merely The Beginning?

This week, Ghislaine Maxwell was sentenced to a mere 20 years in federal prison for her part in...

Trump To Head To Alaska To Stump For Palin And Tshibaka, Could Add To Endorsed Candidate Wins

Former President Donald Trump will head to Alaska on July 9 to headline a campaign rally that Saturday afternoon...

Biden Wants To Scrap Filibuster To Codify Abortion Into Law – Manchin And Sinema Refuse To Budge

President Biden on Thursday called on the Senate to carve out an ‘exception’ to the filibuster as...

Dr. Ben Carson Defends Clarence Thomas From Attacks By Hillary: For Liberals ‘Only Thing Worse Than Satan is a Black Conservative’

Dr. Ben Carson responded to racially-tinged criticism from Hillary Clinton directed at Supreme Court Justice Clarence Thomas, suggesting...