Berlin is having second thoughts about prioritizing energy supply if the pipeline is shut down. Germany-Finland dispute over Uniper’s rescue model. There is an important meeting on Olaf Scholz’s daily schedule. This is the president of the Association of German Manufacturers, Siegfried Roosbuhrm, whom he had recently met in the framework of the Industry Day […]
Tag: Nord Stream
The gas crisis in Europe is worse than it seems
By Javier Blas European gas prices are still well below the all-time high reached in March. However, they point to a more prolonged disruption than markets expected in the immediate aftermath of Russia’s invasion of Ukraine. While the gas market had then discounted a short-term crisis that would last a few months, it is now […]
Gazprom further cuts flows to Italy by 1/3
Gazprom will further cut gas supplies to Italy by about a third, the country’s energy giant Eni said in a statement on Monday, Bloomberg reported. Gazprom said it would supply Eni with about 21 million cubic meters of natural gas per day, compared with an average of about 32 million cubic meters per day in […]
Natural gas is falling – At 163 euros per megawatt hour
European natural gas fell after Canada said it would return a turbine for Russia’s Nord Stream 1 pipeline to Germany, raising optimism that tensions with Moscow will ease, Bloomberg reported. In particular, the Dutch contract – the European benchmark – fell 6.9% to 163 euros per megawatt hour. It is noted that last week it […]
Natural gas is falling – At 169 euros per megawatt hour
LAST UPDATE: 11.45 European natural gas fell after Canada said it would return a turbine for Russia’s Nord Stream 1 pipeline to Germany, raising optimism that tensions with Moscow will ease, Bloomberg reported. In particular, the Dutch contract – the European benchmark – fell 3.6% to 169 euros per megawatt hour. It is noted that […]
Natural gas is falling – At 170 euros per megawatt hour
LAST UPDATE: 13.21 European natural gas fell after Canada said it would return a turbine for Russia’s Nord Stream 1 pipeline to Germany, raising optimism that tensions with Moscow will ease, Bloomberg reported. In particular, the Dutch contract – the European benchmark – fell 2.7% to 170.41 euros per megawatt hour. It is noted that […]
The flow of natural gas from Russia to Germany via Nord Stream 1 is interrupted for 10 days
The supply of natural gas from Russia to Germany has been suspended from today for ten days in order to carry out maintenance work on the Nord Stream 1 pipeline, which cuts through the Baltic Sea and is considered the most important for the flow of fuel to Europe’s largest economy. The flow was due […]
Siemens Energy says it will deliver the turbine for Nord Stream to Russia as soon as possible
Siemens said today that Canada’s decision to allow a turbine from its Canadian workshop to be shipped to Germany was a necessary first step in its return to the company that runs the pipeline and that it aims to move it there as soon as possible. “The political decision on exports is a necessary and […]
Canada returns repaired turbines to Germany for Nord Stream 1
Canada will return repaired Russian turbines to Germany, which are needed to maintain the Nord Stream 1 natural gas pipeline – with the exception of sanctions imposed on Moscow – the country’s Ministry of Natural Resources announced today. At the same time, the Canadian government announced that it would expand sanctions against Russia’s energy sector […]
Germany expects Canada to ‘release’ Nord Stream turbine ahead of maintenance work
Germany expects Canada to release a key component of the Russian pipeline that has been caught up in sanctions, a move that both Berlin and Moscow have said could ease gas flows to Europe. as the Bloomberg agency reports citing a source with knowledge of the matter, Germany expects that Canada will soon send back […]
