New Russia gas halt to tighten energy screws on Europe - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Russia will halt gas supplies via a major pipeline to Europe on Wednesday intensifying an economic battle between Moscow and Brussels and raising the prospects of recession and energy rationing in some of the region’s richest countries.

Moscow, which slashed supply via Nord Stream 1 to 40% of capacity in June and to 20% in July, blames maintenance issues and sanctions it says prevent the return and installation of equipment.Moscow, which slashed supply via Nord Stream 1 to 40% of capacity in June and to 20% in July, blames maintenance issues and sanctions it says prevent the return and installation of equipment.

Unlike last month’s 10-day maintenance for Nord Stream 1, the upcoming work was announced less than two weeks in advance and is being carried out by Gazprom not Nord Stream AG, focusing on the last operating turbine at the station. Yet Russia has also cut off supply to Bulgaria, Denmark, Finland, the Netherlands and Poland completely, and reduced flows via other pipelines since launching what Moscow calls its “special military operation” in Ukraine.

Europe’s largest economy is making better progress than expected in filling its gas storage facilities, but it’s not enough to get the country through winter, he said. In the meantime, however, some Europeans are voluntarily cutting their energy consumption, including limiting their use of electrical appliances and showering at work to save money while companies are bracing for possible rationing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sanctions not working so well then?

Xenophobia

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shell CEO warns Europe to brace for string of winters with high power billsEurope is facing an energy crisis as Russia curbs gas flows after its invasion of Ukraine. feeling_elfish And doesn’t he look happy about it
Source: BDliveSA - 🏆 12. / 63 Read more »