spot_img
spot_img
25.2 C
Lagos
Friday, August 12, 2022

Russia’s Gazprom Declares ‘Force Majeure’ on EU Gas Flow

Must read

Listen now

Russian energy giant Gazprom has declared force majeure on gas supplies to at least one major EU customer starting July 14, Reuters reported on Monday citing a company letter it has seen.

According to the document, Gazprom could not fulfil its supply obligations due to “extraordinary” circumstances outside its control, Reuters explains.

The agency cites its sources as saying that the letter was referring to supplies to Germany via the Nord Stream 1 pipeline.

The route is currently undergoing planned annual maintenance which is due to be completed on Thursday, however many in Germany fear that the flow will not be resumed.

Last month, supply via the pipeline was slashed by 60% as a vital piece of equipment was not returned from repairs in Canada on time due to sanctions on Russia. According to media reports, the gas turbine should be back in Russia within a week.

- Advertisement -spot_img

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisement -spot_img

Latest article