MOSCOW: Delivery of Russian natural gas through a major pipeline to Europe will drop by about 40% this year, the state-controlled energy giant gazprom said on Tuesday after Canada’s sanctions on war Ukraine German fellow stopped Siemens Energy By delivering overhauled equipment.
Germany’s utility network agency said it did not see gas supplies as endangered and that the low flow through the Nord Stream 1 pipeline aligns with commercial practice and RussiaGerman news agency DPA reported that previously announced gas cutoffs for Denmark and the Netherlands. federal network agency Said he was monitoring the situation.
Although Europe’s gas prices rose by double digits on Tuesday, the price of gas in the Dutch TTF hub, the benchmark gas price for Europe, rose 13%. High energy prices are contributing to record inflation of 8.1% in the 19 countries already using the euro.
Germany’s utility network agency said it did not see gas supplies as endangered and that the low flow through the Nord Stream 1 pipeline aligns with commercial practice and RussiaGerman news agency DPA reported that previously announced gas cutoffs for Denmark and the Netherlands. federal network agency Said he was monitoring the situation.
Although Europe’s gas prices rose by double digits on Tuesday, the price of gas in the Dutch TTF hub, the benchmark gas price for Europe, rose 13%. High energy prices are contributing to record inflation of 8.1% in the 19 countries already using the euro.