Germany has already had to give Uniper - its largest importer of Russian gas and the highest-profile corporate victim of Europe’s energy crisis so far - a 15 billion euro ($15.1 billion) bailout after Russia drastically cut flows, forcing it to buy gas elsewhere at much higher prices.
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The latest shut-down follows a 10-day scheduled annual maintenance that took place in July, and raised fears over whether Russia would resume supplies, which have been reduced since mid-June. On Sunday, storage levels were already at 79.9 percent of capacity in the EU.Gazprom said the three-day shutdown was because the pipeline’s only remaining gas compressor requires maintenance, yet the move will bring further disruption particularly for Germany, which depends largely on deliveries from Moscow to power its industry. Germany, which is heavily dependent on Russian gas, is faring better than expected, with Mueller reporting the country’s gas storage was nearly 85 percent filled.Įurope as a whole is also making progress in filling its gas storage tanks. The European Union is preparing to take emergency action to reform the electricity market in order to bring rising prices under control, with energy ministers scheduled to hold extraordinary talks next week. France’s energy minister said that was an excuse, but said the country had already been anticipating the loss of supply. On Tuesday, Gazprom said it would suspend gas deliveries to its French contractor over a payments dispute. Since launching its invasion of Ukraine, Russia has also stopped supplying Bulgaria, Denmark, Finland, the Netherlands and Poland with gas while reducing flows via other pipelines.
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Some countries, including France, have said fuel rationing is possible.
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The situation is expected to worsen as European countries enter the cold winter months, with many homes using natural gas for heating. It has forced governments to spend billions to ease the burden. The shortages have squeezed consumers and businesses alike, who are reeling from sky-high inflation and the high cost of living. “We’ll only know at the beginning of September if Russia does that again,” said Mueller, apparently referring to suspensions and reductions of flows in June and July that Russia blamed on maintenance.Įurope’s ongoing energy crunch has seen a 400 percent surge in wholesale gas prices since last August. Germany’s Federal Network Agency chief Klaus Mueller called the latest cessation “technically incomprehensible”, adding that experience shows that Moscow “makes a political decision after every so-called maintenance”. Germany has accused Moscow of using its energy resources as a weapon. Gazprom has repeatedly maintained the stoppages in supply are necessary for routine maintenance but have been exacerbated by equipment delivery complications created by Western sanctions on Russia. The announcement came shortly after European gas network operator ENTSOG announced that deliveries had ceased.
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Gazprom said on Wednesday that supplies via Nord Stream 1 were “completely stopped” for “preventive work” at a compressor unit.
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The suspension is the latest in a series of halts to gas supplies that have contributed to an ongoing energy crisis in Europe in the wake of the Russian invasion of Ukraine that began on February 24. Russia’s state-owned energy giant Gazprom has again suspended gas deliveries on the arterial Nord Stream 1 pipeline to Germany, citing maintenance requirements.