Gas prices have seen a significant increase recently, with European prices rising by more than 30%, as major gas production in the Middle East has been disrupted by a series of attacks. Consequently, the price of gas has risen to over 60 euros per megawatt hour, reflecting the global market’s reaction to these geopolitical tensions. Finland, however, may not feel the brunt of this increase as the country's reliance on natural gas has diminished, largely due to the ongoing war in Ukraine, which has altered energy consumption patterns in the region.

In Finland, natural gas is increasingly utilized as a raw material for purposes like hydrogen extraction in oil refining rather than as a primary energy source. The Neste refinery in Porvoo is a major user of gas, leveraging hydrogen derived from natural gas to treat crude oil and enhance its quality for refined fuel products such as gasoline and diesel. This shift indicates the evolving use of natural gas in Finland's industrial landscape, where it primarily serves niche applications rather than widespread energy production.

Moreover, gas is primarily used in Finland during peak consumption periods for electricity and district heating. However, with the coldest parts of the winter behind, the urgency and necessity for gas have decreased. This trend, combined with the reduced usage due to the geopolitical situation, suggests that Finland may not experience the same level of crisis as could be anticipated from the sharp rise in gas prices, highlighting the complexities of global energy dependence and local consumption habits.