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Russian state energy company Gazprom said it will further cut daily gas supplies through the Nord Stream 1 pipeline in Germany.<\/p>\n<\/div>\n
The company mentioned the “technical condition” of another turbine in the pipeline and said that from July 27 it will stop its operation.<\/p>\n
The company said this would result in the drop to 33 million cubic meters per day \u2013 half the current amount.<\/p>\n
Gazprom resumed the flow of gas through Nord Stream 1 last week after a 10-day maintenance outage, but only at 40 percent of the pipeline’s capacity. Russia said it was forced to reduce volume due to the delayed return of a turbine being serviced in Canada.<\/p>\n
Germany has said the cuts are not necessary for technical reasons, but are punishment for imposing tough EU sanctions on Russia over its invasion of Ukraine.<\/p>\n
Russian President Vladimir Putin has warned that continued sanctions risk causing catastrophic energy price increases for consumers around the world.<\/p>\n
European Commission President Ursula von der Leyen last week accused Russia of using energy as a weapon, while warning that Europe should prepare for a possible complete cutoff of Russian gas flows.<\/p>\n
A total shutdown of imports could result in factories shutting down and forcing households to cut back on heating or pay even higher prices.<\/p>\n
Last year, 40 percent of the EU’s total gas imports came from Russia.\/REL<\/p>\n
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