Europe awaits Nord Stream 1 restart as supply uncertainty swirls

by | Jul 20, 2022 | World

Already battered by a record-shattering heat wave and soaring inflation, Europe may soon face a dangerous energy crisis.The European Union on Wednesday urged its 27 member states to reduce gas usage by 15 percent from August through March of next year, as concerns mount that Russia may cut off gas flow to the region.
“Europe’s gas markets have experienced months of confusion and apprehension as Russian gas supplies have fluctuated,” Kaushal Ramesh, senior gas analyst at Rystad Energy, an Oslo, Norway-based research firm, told Al Jazeera. “Much of this is out of Europe’s control.”
Russia’s President Vladimir Putin has indicated that gas shipments via the Nord Stream 1 pipeline will restart as soon as maintenance is complete but also warned that flows may be limited unless a dispute over sanctioned parts is resolved.
More than one-third of Russian gas shipments to the EU go through the Nord Stream 1 pipeline. It has been shut down since July 11 for yearly maintenance; deliveries are expected to resume on Thursday.
“The general expectation is that flows via Nord Stream tomorrow will reach a maximum capacity of 67 million cubic metres, but this may drop to 30 million in the days to come as a second turbine now requires maintenance,” Rystad’s Ramesh explained.
The conflict in Ukraine has caused interruptions in supply already, and is expected to keep impacting energy flows.
Europe’s nations are having difficulty replenishing their gas reserves ahead of the …

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