August 16, 2022

Russian federation Shuts Down Nord Stream Gas Pipeline for Fixes

Move will temporarily decrease Europe’s gas supply

Russia has reduced Nord Stream gas exports to Europe as the pipeline enters a scheduled 10-day maintenance period.

Although the routine repairs had been long-planned, some officials fear Russia might not reboot the flow of gasoline in an attempt to destabilize Europe. Some other repairs have missed deadlines in the past and now,   Australia is bracing for a winter of limited gas materials.

“ As expected, Nord Stream 1 are at zero since this morning, ” Klaus Mü ller, the top of Germany’s energy regulator, told Reuters on Monday.

“ What happens at the end of the maintenance, no one is able to say at this moment, ” he added. “ We won’t know any time earlier than a day before its planned end. ”

German Energy Minister Robert Habeck, speaking in the Czech Republic alongside Czech Business Minister Josef Sikela upon Monday, told reporters it’, s “ hard to state if it [Nord Stream I] will come back online after maintenance. ”    

‘ Anything at all is possible’

Nord Stream, connecting Russia and Germany, is the longest subsea pipeline in the world and accounts for a significant chunk of the European Union’s gas supply.

“ We have been confronted by an unprecedented circumstance — anything is possible, ”   Economic Minister Habeck, told public radio this past weekend.

Habeck, that is also  Germany’s vice-chancellor,   said that while the gas movement could restart at an actually higher volume, “ it is [also] achievable that nothing comes through, and we still have to prepare for that worst. ”

In Prague,   Habeck noted the need for European solidarity, saying, “ Germany is aware gas needs to be distributed and others, ” and adding, “ we will have to help one another with gas supplies. ”

On Weekend, the Canadian government  permitted the return of a Nord Stream turbine  that was becoming repaired and was stranded due to sanctions. Russia’s state-owned energy company Gazprom held responsible problems with the turbine with regard to reducing the pipeline’s result by 60%  last 30 days.

“ Based on the pattern we’ve seen, it could not be very surprising at this point if some small, specialized detail is found and then they could say ‘ now we can’t turn it on anymore, ‘” Habeck previously stated at an event in late June.

Zongqiang Luo, a gas analyst with Rystad Energy, also stated it was “ not impossible” Gazprom could use any hold off to prolong the shutdown period.

Substitute supplies loom

Since Russia invaded Ukraine in February, many Europe have scrambled to develop alternative energy arrangements.

Pipelines exist that will connect Europe with main gas exporters like Norwegian and Azerbaijan.

The United States has also said it could ship 15 billion cu meters of liquefied gas (LNG) this year. However , European terminals have limited capacity to store the resource.

But any change will take time to implement, plus authorities in several European countries have discussed rationing gas in the worst-case scenario.

Mü ller, the head of Germany’s energy regulator, previously  warned: “ If we no longer receive Russian gas … current stocks will only final for one or two months. ”

In Prague, Habeck announced, “ 2 floating [LNG] terminals could be completed right at the end of the year” in expectation of shortfalls. ” Recognizing that “ Germany has become too dependent on Russia, ” Habeck said, “ winter will be critical and we need to prepare as well as possible. ”

The revolution will not be televised .

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