Gas: Gazprom continues to deliver Europe via Ukraine


Gazprom will deliver 42.7 million cubic meters of gas to Europe this Saturday (September 3) via Ukraine, the Russian gas giant said, hours after announcing that deliveries to Germany via the Nord Stream 1 pipeline would not resume as planned.

Throughput at the Sudja entry point on the Russia-Ukraine border was slightly higher than Friday’s level but not enough to offset the volumes that were expected via Nord Stream 1.

Russia announced on Friday that the Nord Stream 1 gas pipeline, which runs under the Baltic Sea to connect Russia with Germany and other Western European countries, would not restart as planned on Saturday, due to a oil leak detected during maintenance operations over the past few days. Moscow is thus reacting to the decision announced Friday by the G7 countries to target Russia’s energy windfall by agreeing to cap the price of its oil.

The German group Siemens Energy, which usually carries out maintenance operations on the Nord Stream 1 turbines but was not associated this time with the work carried out by Gazprom, considered that the leak reported by the Russian group in no way justified the shutdown of the gas pipeline.

Europe ready to resist a total shutdown

European Commissioner for the Economy Paolo Gentiloni assured that the European Union was “well prepared” in the event of a total stoppage of Russian gas deliveries, thanks to storage and energy saving measures.

“We are well prepared to resist Russia’s extreme use of the gas weapon,” he told reporters on the sidelines of the economic forum organized by The European House – Ambrosetti in Cernobbio, on Lake Como.

“We are not afraid of the decisions of Vladimir Putin, we ask the Russians to respect the contracts, but if they do not, we are ready to react”, he underlined.

Towards a gas cap?

In addition, European Commission President Ursula von der Leyen said on Friday that “it would be time” to put a cap on the price of gas imported by pipeline from Russia, thus supporting a measure advocated by the Italian Prime Minister. Mario Draghi.

In the European Union, “gas storage is currently at around 80%, thanks to the diversification of supplies”, even if the situation differs from one country to another, indicated Mr. Gentiloni.

Brussels “has done a lot in recent months” but “today it is possible to do more”, because “the wall of divisions which has blocked the Commission’s action in recent months has many breaches”, has congratulated the European Commissioner.

The objective is to “pursue the strategy of a united Europe which works against the invasion of Ukraine by using the economic weapon”, he explained.

“We are not taking part in war, we are not taking part in military escalation”, but “we support Ukraine” and “we have to do it now more effectively”, he insisted.

(With Reuters and AFP)


Source: Challenges en temps réel : accueil by www.challenges.fr.

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