The unscheduled maintenance order on the Nord Stream 1 pipeline deepens an energy standoff between Moscow and Brussels which has already helped send inflation surging in the region and raised the risk of rationing and recession:
A view of the pipe systems and shut-off devices at the gas receiving station of the Nord Stream 1 Baltic Sea pipeline and the transfer station of the OPAL gas pipeline. Russian energy giant Gazprom announced Friday it would stop supplies to Germany via the Nord Stream 1 gas pipeline between 31 August and 2 September.
Germany has already had to give Uniper - its largest importer of Russian gas and the highest-profile corporate victim of Europe's energy crisis so far - a US$15.1 billion bailout after Russia drastically cut flows, forcing it to buy gas elsewhere at much higher prices. This would still be just 20 per cent of Nord Stream's full capacity of 167 mcm daily. Gazprom said maintenance work at the remaining Trent 60 gas compressor station would be carried out together with Siemens Energy.The Russian group has previously blamed faulty or delayed equipment for lower flows. Germany says this is a pretext to hurt its economy. Siemens, which is in charge of maintaining the Nord Stream 1 turbines, declined to comment.
It specified that Mr Putin had dropped his demand that the IAEA team travel to the site via Russia, saying it could arrive via Ukraine.
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