The Fort Worth Press - Russia halts gas supplies to Germany

USD -
AED 3.672495
AFN 64.491965
ALL 80.819685
AMD 361.12818
ANG 1.789785
AOA 916.999774
ARS 1524.755904
AUD 1.421555
AWG 1.80125
AZN 1.698006
BAM 1.741787
BBD 2.015015
BDT 123.745402
BGN 1.747831
BHD 0.377604
BIF 3000.997453
BMD 1
BND 1.278059
BOB 11.730759
BRL 5.027097
BSD 1.000472
BTN 94.559477
BWP 13.70595
BYN 2.971479
BYR 19600
BZD 2.012094
CAD 1.404485
CDF 2315.999766
CHF 0.823855
CLF 0.024781
CLP 975.290259
CNY 6.67805
CNH 6.67482
COP 3182.19
CRC 455.529135
CUC 1
CUP 24.010794
CVE 98.199695
CZK 21.60605
DJF 178.150632
DKK 6.653225
DOP 61.440772
DZD 134.635978
EGP 54.356702
ERN 15
ETB 163.87083
EUR 0.89012
FJD 2.2538
FKP 0.747587
GBP 0.74605
GEL 2.589936
GGP 0.747587
GHS 11.660299
GIP 0.747587
GMD 73.504156
GNF 8854.987666
GTQ 7.645587
GYD 209.311853
HKD 7.847135
HNL 26.857072
HRK 6.7076
HTG 131.084908
HUF 324.795004
IDR 18048
ILS 3.09091
IMP 0.747587
INR 94.43705
IQD 1516.6493
IRR 1832375.000402
ISK 121.260321
JEP 0.747587
JMD 158.780625
JOD 0.709021
JPY 157.860501
KES 129.849897
KGS 87.450106
KHR 4068.146802
KMF 439.497294
KPW 899.999961
KRW 1325.830107
KWD 0.31006
KYD 0.833753
KZT 446.890557
LAK 22518.390538
LBP 89591.044298
LKR 332.14739
LRD 170.580744
LSL 16.412051
LTL 2.95274
LVL 0.60489
LYD 6.419294
MAD 9.819615
MDL 17.998442
MGA 4521.489767
MKD 54.903951
MMK 2099.21541
MNT 3597.533576
MOP 8.085932
MRU 40.128421
MUR 47.309704
MVR 15.460077
MWK 1734.751129
MXN 18.485085
MYR 4.081297
MZN 63.898647
NAD 16.412051
NGN 1332.179821
NIO 36.816372
NOK 9.35655
NPR 151.295341
NZD 1.75665
OMR 0.384516
PAB 1.000481
PEN 3.438421
PGK 4.479652
PHP 63.302028
PKR 276.89823
PLN 3.883845
PYG 5756.677086
QAR 3.647261
RON 4.7506
RSD 104.566998
RUB 81.872113
RWF 1478.615162
SAR 3.748965
SBD 8.07458
SCR 13.833364
SDG 601.501249
SEK 9.878075
SGD 1.27711
SHP 0.7473
SLE 23.920425
SLL 20969.504398
SOS 571.749178
SRD 37.661494
STD 20697.981008
STN 21.819089
SVC 8.754392
SYP 13001.999685
SZL 16.418788
THB 33.573502
TJS 9.214157
TMT 3.51
TND 2.986543
TOP 2.40776
TRY 49.602435
TTD 6.792416
TWD 32.365497
TZS 2644.999919
UAH 45.047334
UGX 4207.076509
UYU 40.164934
UZS 11975.562621
VES 879.788905
VND 25856.5
VUV 119.136032
WST 2.774679
XAF 583.880316
XAG 0.017358
XAU 0.00024154356
XCD 2.70255
XCG 1.803058
XDR 0.707052
XOF 583.880316
XPF 106.20998
YER 236.095747
ZAR 16.379565
ZMK 9001.201607
ZMW 20.069287
ZWL 321.999592
SSP 5787.554334
MXV 2.08653
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Russia halts gas supplies to Germany
Russia halts gas supplies to Germany / Photo: © AFP/File

Russia halts gas supplies to Germany

Russia has halted gas deliveries to Germany via a key pipeline an indefinite period after saying Friday it had found problems in a key piece of equipment, a development that will worsen Europe's energy crisis.

Text size:

Russian gas giant Gazprom said Friday that the Nord Stream pipeline due to reopen at the weekend would remain shut until a turbine is repaired.

In a statement, Gazprom indicated it had discovered "oil leaks" in a turbine during a planned three-day maintenance operation.

Gazprom added that "until it is repaired... the transport of gas via Nord Stream is completely suspended".

Resumption of deliveries via the pipeline which runs from near St Petersburg to Germany under the Baltic Sea, had been due to resume on Saturday.

Gazprom said it had discovered the problems while carrying out maintenance with representatives of Siemens, which manufactured the turbine in a compressor station that pushes gas through the pipeline.

On its Telegram page it published a picture of cables covered in a brown liquid.

Earlier in the day, the Kremlin warned the future operation of the Nord Stream pipeline, one of Gazprom's major supply routes, was at risk due to a lack of spare parts.

"There are no technical reserves, only one turbine is working," Kremlin spokesman Dmitry Peskov told reporters.

"So the reliability of the operation, of the whole system, is at risk," he said, adding that it was "not through the fault" of Russian energy giant Gazprom.

Following the imposition of economic sanctions over the Kremlin's invasion of Ukraine, Russia has reduced or halted supplies to different European nations, causing energy prices to soar.

The Kremlin has blamed the reduction of supplies via Nord Stream on European sanctions which it says have blocked the return of a Siemens turbine that had been undergoing repairs in Canada.

Germany, which is where the turbine is located now, has said Moscow is blocking the return of the critical piece of equipment.

Berlin has previously accused Moscow of using energy as a weapon.

The announcement by Gazprom comes the same day as the G7 nations said they would work to quickly implement a price cap on Russian oil exports, a move which would starve the Kremlin of critical revenue for its war effort.

Gazprom also announced the suspension of gas supplies to France's main provider Engie from Thursday after it failed to pay for all deliveries made in July.

- 'Much better position' -

As winter approaches, European nations have been seeking to completely fill their gas reserves, secure alternative supplies, and put into place plans to reduce consumption.

A long-term halt to Russian gas supplies would complicate efforts by some nations to avoid shortages and rationing, however.

Germany said Friday its gas supplies were secure despite the halt to deliveries via Nord Stream.

"The situation on the gas market is tense, but security of supply is guaranteed," a spokeswoman for the economy ministry said in a statement.

The spokeswoman did not comment on the "substance" of Gazprom's announcement earlier Friday but said Germany had "already seen Russia's unreliability in the past few weeks".

German officials have in recent times struck a more positive tone about the coming winter.

Before the latest shutdown, Chancellor Olaf Scholz said Germany was now "in a much better position" in terms of energy security, having achieved its gas storage targets far sooner than expected.

Europe as a whole has also been pushing ahead with filling its gas storage tanks, while fears over throttled supplies have driven companies to slash their energy usage.

Germany's industry consumed 21.3 percent less gas in July than the average for the month from 2018 to 2021, said the Federal Network Agency.

Agency chief Klaus Mueller has said such pre-emptive action "could save Germany from a gas emergency this winter".

Europe as a bloc meanwhile has been preparing to take emergency action to reform the electricity market in order to bring galloping prices under control.

Fear of shortages of natural gas has driven futures contracts for electricity in France and Germany to record levels.

European consumers are also bracing for huge power bills as utilities pass on their higher energy costs.

burs-rl/har

S.Jordan--TFWP