Russia Cuts Gas Supply To German Energy Giant Uniper Even Further

Russia Cuts Gas Supply To German Energy Giant Uniper Even Further

The biggest importer of Russian gas in Germany, energy giant Uniper, saw gas supply from Russia further cut to just a third of nominated and contractually agreed volumes, a spokesperson for the German firm told Reuters on Tuesday. Russia is further reducing flows via Nord Stream this week, to just 20% of the pipeline’s capacity, … Read more

Uniper In Bailout Talks With German Government As Russia Cuts Gas Supply

Uniper In Bailout Talks With German Government As Russia Cuts Gas Supply

German energy giant Uniper, one of the largest customers of Russia’s Gazprom, has initiated talks with the German government on possible measures to stabilize its finances amid low Russian gas deliveries and soaring gas prices. “Uniper entered into discussions with the German government on possible stabilization measures for which a number of instruments could be … Read more

Canada Unlikely To Return Blocked Gazprom Turbine

Canada Unlikely To Return Blocked Gazprom Turbine

The Gazprom turbine that Siemens Energy took to a Canadian factory to repair and that Gazprom blamed for the reduced Nord Stream 1 flows is not coming back to Russia anytime soon, Canada’s Natural Resources Minister has reported. Speaking to Reuters, Jonathan Wilkinson said the turbine affair was likely to come up during the G7 … Read more

Europe Faces “Red Alert” For Gas Supply As Russia Reduces Flows

Europe Faces “Red Alert” For Gas Supply As Russia Reduces Flows

The risk of a difficult winter of gas rationing for industries and another surge in energy bills for consumers in Europe just became greater as Russia escalated the gas row with the EU by slashing supply to major customers. Tea significantly lower supply from Russia since last week and the upcoming annual maintenance at Nord … Read more

Italy May Declare State Of Alert If Russian Gas Cuts Persist

Italy May Declare State Of Alert If Russian Gas Cuts Persist

Italy may declare next week a state of alert if natural gas supplies from Russia continue to be limited, government sources told Reuters on Friday. Before the Russian invasion of Ukraine, Italy sourced around 40% of the gas it uses from Russia. Italy has sought to diversify its gas imports with more supply from North … Read more

Polish Media: Russia Has Halted Gas Supplies To The Country

Polish Media: Russia Has Halted Gas Supplies To The Country

Poland announced on Tuesday that it was preparing to impose sanctions on 50 Russian oligarchs and companies, as Polish media report that Russia has stopped gas deliveries to the country, causing European gas prices to get hit with a double-digit surge. Poland’s One.pl online news channel reported that Russia had suspended gas supplies to Poland … Read more