Russia Halts Supply of Natural Gas, Worsening EU Energy Crisis

Video Credit: Wibbitz Top Stories
Published on August 31, 2022 - Duration: 01:31s

Russia Halts Supply of Natural Gas, Worsening EU Energy Crisis

Russia Halts Supply , of Natural Gas, Worsening, EU Energy Crisis.

'Newsweek' reports that vital gas supplies to western Europe via the Nord Stream 1 pipeline have been halted by Russian state-owned firm Gazprom.

According to the Russian energy giant, maintenance work would require the flow of natural gas to Germany to be halted from Aug.

31 to Sept.

3.

According to the Russian energy giant, maintenance work would require the flow of natural gas to Germany to be halted from Aug.

31 to Sept.

3.

Germany has accused Russia of driving up prices in an attempt to shake the European Union's resolve regarding sanctions imposed in response to the invasion of Ukraine.

Germany has accused Russia of driving up prices in an attempt to shake the European Union's resolve regarding sanctions imposed in response to the invasion of Ukraine.

The Nord Stream 1 is a 745-mile pipeline that carries gas under the Baltic Sea from the Russian coast to northeastern Germany.

Two weeks ago, Russia claims to have warned Germany about the outage, but officials in Berlin say they were never formally informed about the scheduled maintenance.

In July, the Nord Stream 1 was shut down for 10 days, another outage that Russia attributed to necessary repairs.

The outages have stoked fears among EU leaders that Russia could cut off supplies during the peak winter months.

The ongoing energy crunch has triggered a surge in wholesale gas prices and increased the burden faced by consumers and businesses in the EU.

The ongoing energy crunch has triggered a surge in wholesale gas prices and increased the burden faced by consumers and businesses in the EU.

Earlier this week, Gazprom said it would also halt gas deliveries to French contractor Engie due to a payment dispute.

In response, Agnes Pannier-Runacher, France's Energy Transition Minister, accused Russia of , "using gas as a weapon of war.".

In response, Agnes Pannier-Runacher, France's Energy Transition Minister, accused Russia of , "using gas as a weapon of war."


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