popular articles

Nord Stream 1 Farm

Gazprom announces the closure of Nord Stream 1 for an indefinite period. The EU criticizes this decision but is not surprised. For her, it is a means of pressure exerted by the Kremlin.

Please share:

Nord Stream 1 is closed for an indefinite period. Gazprom cites technical reasons for the closure. The EU strongly criticizes this decision and maintains the accusation that the closure is a means of political pressure.

Nord Stream 1 closure does not surprise the EU

Recently, Gazprom said it had found an oil leak in the last operational turbine of the Portovaya station. This statement supported the closure of Nord Stream 1. However, the Russian company says that it will resume gas delivery as soon as possible.

Gazprom maintains its statement about maintenance problems. It also states that Siemens was involved in the maintenance and approved the detection of the oil leak. However, Siemens claims that this leak is not a sufficient reason to completely cut off the flows via Nord Stream 1.

Faced with this situation, the EU does not seem surprised. In fact, the reduction of flows from Russia and the context of war lighten these actions. In addition, it sees the current context as an opportunity to accelerate its energy independence from Russia. Objective amply put forward in the REPowerEU plan and sanctions against the Kremlin.

Charles Michel, President of the European Council, says on this subject

“Gazprom’s decision is unfortunately not a surprise. Using gas as a weapon will not change the EU’s determination. We will accelerate our path to energy independence.”

Eric Mamer, spokesman for the European Commission also spoke on this subject. He reiterates the unreliability of the Gazprom company and underlines the cynicism of the Russian plan to cut off the gas.

Responses to the threat of shortages

Nevertheless, the threat of a gas shortage has allowed European countries to take action. Indeed, circumstances have prompted Germany to fortify alternatives to Russian gas to ensure supply. Thus, the country’s gas stocks are at 84.3%. The goal is to reach 85% by October.

Each European country has adopted a strategy. Some are turning to the development of renewable energy, others are diversifying their sources of supply, and still others are turning to energy sources that they had abandoned.

At the same time, the G7 countries have stated that they want to keep the pipeline closed. This after agreeing on a plan to cap Russian oil prices. The President of the European Commission, Ursula Von der Leyen, is also calling for a price cap.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Shell plans to drill four offshore wells in 2025 in Block 65, while Petronas explores new gas resources in Block 52, highlighting Suriname's energy potential.
Woodside exchanges key stakes with Chevron to strengthen its assets in Australia, consolidating gas projects while increasing carbon storage capacity.
Woodside exchanges key stakes with Chevron to strengthen its assets in Australia, consolidating gas projects while increasing carbon storage capacity.
Sanctions against Gazprombank drive Turkey to boost LNG imports. December sees a 33% rise, highlighting a strategic move to secure energy supply for winter.
Sanctions against Gazprombank drive Turkey to boost LNG imports. December sees a 33% rise, highlighting a strategic move to secure energy supply for winter.
The DOE warns of economic and climate risks associated with increased liquefied natural gas (LNG) exports, with an estimated 31% rise in wholesale prices and significant social impacts.
The DOE warns of economic and climate risks associated with increased liquefied natural gas (LNG) exports, with an estimated 31% rise in wholesale prices and significant social impacts.
The new 470 MW natural gas power plant built by Generadora San Felipe will strengthen the Dominican Republic’s energy capacity, addressing strategic energy needs while reducing emissions.
European Energy Commissioner Dan Jorgensen assures that the European Union is prepared to face energy challenges this winter, despite pressure on gas reserves.
European Energy Commissioner Dan Jorgensen assures that the European Union is prepared to face energy challenges this winter, despite pressure on gas reserves.
India’s GAIL has finalized a supply deal for 12 annual LNG cargoes with Qatar Energy Trading. This five-year contract addresses growing volume needs in a global market under strain.
India’s GAIL has finalized a supply deal for 12 annual LNG cargoes with Qatar Energy Trading. This five-year contract addresses growing volume needs in a global market under strain.
Under international pressure, Bosnia passes a key law to diversify its natural gas supply, reducing total dependence on Russian gas through a connection to Croatia’s LNG terminal.
Under international pressure, Bosnia passes a key law to diversify its natural gas supply, reducing total dependence on Russian gas through a connection to Croatia’s LNG terminal.
Venture Global announces the start of production at its second terminal, Plaquemines LNG, in Louisiana. This project, one of the fastest to achieve this critical milestone, marks a major advancement for the U.S. and global energy markets.
The Austrian group OMV has terminated its long-term contract with Gazprom, ending nearly six decades of energy dependency on Russia after a series of contractual violations.
The Austrian group OMV has terminated its long-term contract with Gazprom, ending nearly six decades of energy dependency on Russia after a series of contractual violations.
The United States Energy Information Administration (EIA) forecasts a 34% increase in natural gas prices this winter, despite above-average stock levels and generally colder temperatures.
The United States Energy Information Administration (EIA) forecasts a 34% increase in natural gas prices this winter, despite above-average stock levels and generally colder temperatures.
A project financed by the EBRD and supported by international grants aims to install 100 MW of decentralized energy capacity in Ukraine, responding to the damage caused by Russian attacks on the national electricity grid.
A project financed by the EBRD and supported by international grants aims to install 100 MW of decentralized energy capacity in Ukraine, responding to the damage caused by Russian attacks on the national electricity grid.
Argus Media revolutionizes the energy market by launching daily price indices for Greek natural gas, providing unprecedented transparency in a context of growing volatility in Europe.
Egypt is turning to fuel oil to meet its energy needs as liquefied natural gas (LNG) prices remain high. This optimization strategy reflects changes in domestic demand and global economic constraints.
Egypt is turning to fuel oil to meet its energy needs as liquefied natural gas (LNG) prices remain high. This optimization strategy reflects changes in domestic demand and global economic constraints.
Facing high gas demand and insufficient renewable production, Spain increases its French imports and storage withdrawals while competing with the UK for LNG shipments.
Facing high gas demand and insufficient renewable production, Spain increases its French imports and storage withdrawals while competing with the UK for LNG shipments.
Faced with rising natural gas demand in Missouri and Kansas, Southern Star plans to build a 6,091-horsepower compression station to improve its transport capacity, addressing the needs of local markets and public utilities.
Faced with rising natural gas demand in Missouri and Kansas, Southern Star plans to build a 6,091-horsepower compression station to improve its transport capacity, addressing the needs of local markets and public utilities.
Lithuania has finalized the purchase of a floating liquefied natural gas (LNG) terminal, named Independence, marking a decisive step in its strategy to reduce its historical dependence on Russian gas.
In November, Europe received more than half of U.S. LNG shipments, a strategic shift driven by winter needs and the competitiveness of American volumes in a challenging global energy landscape.
In November, Europe received more than half of U.S. LNG shipments, a strategic shift driven by winter needs and the competitiveness of American volumes in a challenging global energy landscape.
In November, Norwegian pipeline gas deliveries to Northwest Europe rose by 2% compared to October, reaching 9.8 billion cubic meters, while remaining slightly below last year’s levels.
In November, Norwegian pipeline gas deliveries to Northwest Europe rose by 2% compared to October, reaching 9.8 billion cubic meters, while remaining slightly below last year’s levels.
Sonatrach is investing $2.3 billion to optimize the Hassi R'Mel gas field, aiming to sustain natural gas production and strengthen Algeria's energy position in Africa and Europe.
Sonatrach is investing $2.3 billion to optimize the Hassi R'Mel gas field, aiming to sustain natural gas production and strengthen Algeria's energy position in Africa and Europe.
The Nigeria-Morocco gas pipeline project progresses with tenders planned for 2025. This strategic project aims to strengthen economic integration and energy supply in Africa and Europe.
Argentina plans an auction to increase gas transportation capacity from Vaca Muerta. This $700 million project aims to reduce costly energy imports during winter.
Argentina plans an auction to increase gas transportation capacity from Vaca Muerta. This $700 million project aims to reduce costly energy imports during winter.
A Wood Mackenzie study reveals that U.S. liquefied natural gas (LNG) could play a strategic role in meeting Asia's energy demands, countering coal growth, and maintaining the economic competitiveness of emerging economies.
A Wood Mackenzie study reveals that U.S. liquefied natural gas (LNG) could play a strategic role in meeting Asia's energy demands, countering coal growth, and maintaining the economic competitiveness of emerging economies.
Summit Midstream Corporation announces the completion of the acquisition of Tall Oak Midstream for $155 million, strengthening its presence in the gas sector and balancing its energy portfolio.
Summit Midstream Corporation announces the completion of the acquisition of Tall Oak Midstream for $155 million, strengthening its presence in the gas sector and balancing its energy portfolio.

Advertising