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Abstract:(Reuters) – Russian utility Inter RAO said on Friday that pan-European exchange Nord Pool has sent a notification that it will stop trade operations for its subsidiaries from Sunday due to risks of failure to pay for power supplies from Russia.
div classBodysc17zpet90 cdBBJodivpReuters – Russian utility Inter RAO said on Friday that panEuropean exchange Nord Pool has sent a notification that it will stop trade operations for its subsidiaries from Sunday due to risks of failure to pay for power supplies from Russia.p
pInter RAO, Russias sole exporter of power, has stopped exporting power to Finland from last week “for the time being” as it had not been paid for power sold via Nord Pool since May 6.pdivdivdiv classBodysc17zpet90 cdBBJodiv
pInter RAO has not elaborated on the reasons for the absence of payments.p
p
pp Reporting by Reuters, Editing by Louise Heavensp
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