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Russian Electricity Imports Halted To Another EU Nation

BY TYLER DURDEN

 

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.

 

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