Finland's natural gas is poised to be shut off by Russia.

Russia is ready to stop supplying natural gas to a third European country that refuses to pay in rubles, as demanded by the Kremlin.

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Russian gas will cease to flow to Finland at 7 a.m. local time on Saturday, according to a statement released by the Finnish state gas utility Gasum on Friday.

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The flow of Russian gas to Finland will cease at 7 a.m. local time on Saturday, according to a statement released by the Finnish state gas company Gasum on Friday.

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Russian gas will stop flowing to Finland at 7 a.m. local time on Saturday, according to a statement released by the Finnish state gas utility Gasum on Friday.

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Gasum announced earlier this week that it was preparing for Russia to shut off the taps after it refused to comply with President Vladimir Putin's demand that "unfriendly" countries pay for gas in rubles rather than the euros or dollars specified in their contracts.

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Finland formally announced its decision to join NATO on Sunday, abandoning decades of neutrality and rejecting Russian threats of vengeance in order to bolster its security following the outbreak of the Ukrainian conflict.

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When CNN Business reached out to Gazprom for comment, the company did not immediately respond.

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Finland relied on Russia for nearly 68% of its natural gas consumption in 2020, according to the International Energy Agency.

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According to Eurostat and the European Network of Transmission System Operators for Gas data, Russia's gas exports represent for just 3% of the Nordic nation's entire energy mix, which includes energy supplied from biofuels and nuclear sources.

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