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    Russia plans to squeeze Europe’s gas supply

    By JK Global NewsJuly 26, 2022No Comments1 Min Read
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    The Russian state-controlled gas company Gazprom has announced a drastic cut to gas deliveries through its main pipeline to Europe from Wednesday.

    The Russian gas export monopoly said it was halting the operation of one of the last two operating turbines due to the “technical condition of the engine”, cutting daily gas deliveries via the Nord Stream pipeline to 33m cubic metres a day – about 20% of the pipeline’s capacity.

    “We are monitoring the situation very closely in close exchange with the federal network agency and the gas crisis team,” the German economy ministry said in a statement on Monday after Gazprom’s announcement. “According to our information, there is no technical reason for a reduction in deliveries. The EU executive last week accused Moscow of using energy as a “weapon” and called on 27 member states to accept a voluntary 15% gas savings target, which could become mandatory if Brussels declares a supply emergency.

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