Russia prepares to resume gas supply via Nord Steam 1 – on condition

The EU has otherwise feared that supplies would not resume as planned after scheduled maintenance of the currently closed gas pipeline. However, Russia reopening the pipeline will depend on successful delivery of a gas turbine that’s been stuck in Canada due to sanctions.
Photo: John Macdougall/AFP/Ritzau Scanpix/AFP / AFP
Photo: John Macdougall/AFP/Ritzau Scanpix/AFP / AFP
BY MARKETWIRE, TRANSLATED BY DANIEL FRANK CHRISTENSEN

Russia is in the process of restarting natural gas supply via pipeline Nord Stream 1 from Thursday – entirely as planned, Reuters reports citing two anonymous sources with knowledge of the matter.

The EU has otherwise been concerned that gas flow would not resume as planned after scheduled maintenance of the currently closed gas pipeline.

Normally, more than a third of Russia’s natural gas deliveries to the union is transmitted through Nord Stream 1, which was shut down on July 11 for a ten-day maintenance operation.

According to the news agency’s sources, the pipeline will reopen as planned, albeit at limited scale.

Flow volume was reduced to 40% back in June reportedly on account diplomatic strains resulting from the delayed return of a Siemens Energy-made gas turbine stranded in Montreal for repair.

The delay turbine in Canada was caused by Western sanctions imposed against Russia in the wake of the invasion of Ukraine. If the turbine wasn’t released, gas deliveries through the pipeline would be limited to 20% of its capacity.

Germany has served as a key broker in negotiations on having the turbine sent from Canada to Russia, and it is now underway.

”There are two functioning machines there, they pump 60 million cubic meters per day … If one is not returned, there will be one, which is 30 million cubic meters,” said Russian President Vladimir Putin, acording to Reuters.

Volume is expected to return to the same level transmitted before the maintenance closure.

Energy crisis leads investors to take a more positive view of oil and gas

Media: Gazprom unable to meet gas targets to Germany

EU readies new sanction amid looming gas war


Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Foto: Senvion

Nordex restarts production in the US

For subscribers

Further reading