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Germany fears full Russian gas phaseout ahead of Nord Stream 1 switch-off

The Nord Stream 1 pipeline is Europe’s single biggest piece of gas import infrastructure, carrying around 55 billion m3 of gas per year from Russia to Germany

Germany fears full Russian gas phaseout ahead of Nord Stream 1 switch-off

Source: Gazprom

Berlin, July 11 - Neftegaz.RU. Policymakers and stakeholders in Germany fear the 10-day maintenance work on the Nord Stream 1 pipeline will lead to an indefinite stop in Russian gas flows, Euractiv has reported.
Russian state-owned giant Gazprom is set to suspend gas flows through Nord Stream 1 for 10 days from July 11, citing technical reasons.

The mounting tensions between Russia and the EU have made German policymakers and stakeholders anxious over the prospect of what is usually an annual routine procedure.

Since Russia has significantly reduced gas flows through the pipeline in recent weeks, many politicians, including German Energy Minister Robert Habeck, view Gazprom’s decision as political.
Habeck said Russia is phasing out gas flows to different countries «step by step».

Against this backdrop, many expect the company to not restart flows through the pipeline at all after the 10-day shutdown.
The head of the Federal Network Agency, Klaus Müller, said in a recent interview with Funke Mediengruppe:
  • The question remains whether this regular maintenance turns into a longer-lasting political maintenance
With potential gas shortages already looming in the country, whether Nord Stream 1 is put back into operation will decide how imminent and severe Germany’s gas crisis will be.
Müller stressed:
  • If gas flows from Russia are deliberately reduced for a longer period of time, we seriously need to talk about saving [gas]

Author: Julia Dahm

Source : Neftegaz.RU


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