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Nord Stream 1, the largest single pipeline that transports Russian gas to Germany, began annual maintenance today, bringing work to a halt for at least 10 days.<\/p>\n<\/div>\n
But some European governments, markets and companies worry that the shutdown could be extended even longer. The Nord Stream 1 pipeline transports 55 billion cubic meters (bcm) of gas per year from Russia to Germany under the Baltic Sea.<\/p>\n
Last month, Russia cut flows to 40% of the pipeline’s total capacity, citing the delayed return of equipment coming from Canada. Canada was reluctant to grant a permit for the pipeline turbine because granting the turbine would violate sanctions against Gazprom. But at the weekend the government in Ottawa granted a limited permit, which was welcomed by Chancellor Scholz.<\/p>\n
Europe now fears that Russia could extend planned maintenance to further limit European gas supplies, throwing into disarray plans to fill warehouses for the winter while adding to a gas crisis that has brought high bills for consumers.<\/p>\n
German Economy Minister Robert Habeck said the country must face the possibility of Russia suspending gas flows through Nord Stream 1 beyond the scheduled maintenance period.<\/p>\n
In previous years, the annual maintenance period on Nord Stream 1 lasted about 10-12 days and was completed on time.<\/p>\n<\/p>\n
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