Skip to content

Energy Ties Deepen Between Russia, Finland

The Financial Times reports that “Finland and Russia are to increase their energy co-operation after state-backed companies signed a deal on hydroelectric and nuclear power despite concerns in the Nordic country and Europe about strengthening ties with Moscow.”  

“Fortum, Finland’s biggest utility, said it was prepared to take a stake of up to 15 per cent in a controversial nuclear power plant to be built in the Nordic country by Rosatom, the Russian state-owned energy company.”  

“Fortum is also restructuring its joint venture with a subsidiary of Gazprom that operates hydro and thermal power plants in northwest Russia and heating networks in St Petersburg.”

Recent Stories

How the vote to boot Speaker McCarthy played out inside the chamber

McCarthy becomes first speaker in history ousted

Laphonza Butler sworn in to succeed Sen. Dianne Feinstein 

Carjackers who took Cuellar’s Toyota also got away with his sushi dinner

Supreme Court sounds skeptical that Congress overstepped spending power

McCarthy forces unable to halt vote on his ouster