Russia on Wednesday halted fuel provides to Europe through Nord Stream 1 for 3 days, citing upkeep points. The Russian state power firm Gazprom has mentioned that there might be no fuel provide to Germany till September 3.
“Throughout the three-day (August 31 to September 2, 2022) upkeep of the Trent 60 DLE fuel compressor unit, the fuel provide by way of the Nord Stream fuel pipeline might be suspended,” the corporate mentioned in a press release on August 19. Upkeep might be executed by Gazprom collectively with Siemens.
In July, it was closed for ten days for annual upkeep. Upkeep was normally executed quietly prior to now. However with the pipeline changing into the bargaining chip between Russia and the West, the corporate’s bulletins have now been made public.
What’s Nord Stream 1?
Nord Stream 1 is the most important pipeline transporting pure fuel between Russia and Europe through Germany. It runs from Vyborg in Russia to Greifswald in Germany. In 2021, Russia equipped about 40 % of the EU’s pure fuel by way of this pipeline.
It’s primarily owned by Gazprom. Nord Stream’s twin pipeline system can transport 55 billion cubic meters of fuel from Russia to Europe by way of the Baltic Sea.
In June, Moscow lower provides through Nord Stream by as much as 40 %. This was additional lowered to twenty per cent in July.
With the pipeline, Russia has fully lower off provides to Denmark, Bulgaria, Finland, the Netherlands and Poland, a Reuters report mentioned.
Flows by way of the Nord Stream play an necessary function in filling the nationwide storage tanks of Germany and the European Union. It is very important present the required heating within the coming winter.
Based on Reuters, 83.26 % of Germany’s 85 % storage goal as of October 1 has already been stuffed. However the goal of 95 per cent by November 1 could also be troublesome.
For the EU, the required storage stage is nearing 80 per cent completion, with 79.94 per cent already full.
What’s the politics round Nord Stream 1?
In July Dmitry Peskov acknowledged that Moscow doesn’t intend to fully lower off fuel provide by way of Nord Stream 1. However “if Europe continues its course of totally reckless imposition of sanctions and sanctions, the state of affairs could change.”
Russia is utilizing provides by way of the pipeline essential to navigating its financial system by way of Western sanctions imposed in response to its invasion of Ukraine in February.
Ukraine’s President Volodymyr Zelensky mentioned in July that Putin was making an attempt to wage an “open warfare” towards Europe by utilizing the pipeline.
Why is the pipeline necessary to Germany?
Power costs in Germany, Europe’s largest financial system, are among the many lowest within the continent. This has been made attainable because of the low-cost fuel provide by way of Nord Stream 1. This makes German manufactured items extra aggressive within the worldwide market. The Russian menace to chop off this fuel provide to Europe presents an financial menace to Germany.
To broaden its choices and double the availability from Russia, Germany determined to construct Nord Stream 2. Nevertheless it was stopped after Russia’s assault on Ukraine in February.
In response, Dmitry Medvedev, the previous President of Russia and now Deputy Chairman of the Safety Council, tweeted, “Welcome to the courageous new world the place Europeans are going to pay 2,000 Euros per thousand cubic meters very quickly!”