Since last June, the gas pipeline under the Baltic Sea has been operating at 40% of its capacity. According to Russia, Canada has not returned some of the turbines that were repaired and require refueling.
After the surprise announcement, the German government avoided speculation about what would happen after July 21, the official date when maintenance work will end and Russian gas flows should be restored. In this context, he also admitted that the situation is “tense” and “very serious”.
In a casual press conference, Susanne Ungrad, deputy spokeswoman for the economy, assured that “as of today, security of supply is guaranteed.” In addition, there is currently no question of announcing the next phase of the gas emergency plan, which would mean government intervention in the market to regulate the flow, which has been in place ever since. Last June 23, it faced lower prices and higher prices from Russia.
In June, Russia announced two consecutive cuts in gas supplies through Nord Stream. Originally it was 40%. Then another 33%. Russian gas company Gazprom justified the measures with technical revisions to German company Siemens’ turbines, which are used in pumping stations.
The Kremlin has dismissed any suggestion that Russia is using oil and gas as a weapon of political pressure, citing the shutdown of the Nord Stream gas pipeline due to technical problems.
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