Russia plans to curb natural gas flows on the Nord Stream pipeline -- less than a week after bringing the link back from maintenance -- jolting European energy markets and escalating concerns over a supply crunch on the continent this winter.
Russia is once again sharply reducing the flow of piped gas to Germany, reminding Europe of the daunting challenge the continent faces to build up its energy stockpiles before winter.
Only one major turbine at Russia’s Portovaya compressor station, which feeds the line, remains in working condition, based on Gazprom’s statements. Normally it’s six. One replacement component has gotten caught up in international sanctions and is now stuck on its return. And others, still in Russia -- including the most recent one -- need to go to Canada for maintenance.
If Nord Stream flows are cut off completely, and if the winter is cold, Europe’s gas in storage may run out by the end of February, consultant Wood Mackenzie Ltd. said this month. Prolonged curbs, and low storage levels by next spring would also mean another rush to stockpile next summer -- and maybe an even worse winter next year.
European Commission President Ursula von der Leyen has asked all EU member states to participate in the effort to save gas regardless of how dependent they are on Russia for the fuel. Putin last week warned that Nord Stream flows could diminish if a spat over its turbines isn’t resolved. Siemens said the missing turbine that Russia blames for limiting the capacity on the Nord Stream pipeline can be delivered right away and that it’s up to Russia to provide missing customs documents.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russia cuts Nord Stream flows further, escalating gas fight - BNN BloombergRussia plans to curb natural gas flows on the Nord Stream pipeline -- less than a week after bringing the link back from maintenance -- jolting European energy markets and escalating concerns over a supply crunch on the continent this winter.
Read more »
Gas fight escalates as Russia cuts Nord Stream flows from 40% to 20% of capacityVladimir Putin warned last week of more reductions in the ongoing dispute over a pipeline turbine serviced in Canada. Read more here
Read more »
Gas fight escalates as Russia cuts Nord Stream flows from 40% to 20% of capacityVladimir Putin warned last week of more reductions in the ongoing dispute over a pipeline turbine serviced in Canada. Read more here
Read more »
Gazprom to cut gas through Nord Stream 1 to 20% of capacity | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Read more »
American Israeli woman formerly jailed in Russia over cannabis talks about Brittney Griner's caseICYMI An American Israeli woman who formerly served 10 months in Russian prisons after entering the country with a small amount of cannabis has spoken publicly about her case for the first time. — via TheGrowthOp brittneygriner cannabiscommunity
Read more »