Gazprom, Russia’s state energy giant, said it would halve the amount of gas it sends to Germany through the Nord Stream 1 pipeline, bringing it down to 20 percent of capacity.
Tag: Gazprom
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Germany Takes a Stake in Struggling Gas Provider Uniper
The German government agreed to acquire a 30 percent stake in the company, one of the country’s largest suppliers of natural gas, and expanded a crucial credit line.
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Russia Restarts Gas Shipments Through Pipeline, but Keeps Germany Guessing
Russia is again sending natural gas through the Nord Stream 1 pipeline to Germany, but nobody knows how much and how long the fuel will flow.
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Putin Signals Gas Pipeline Will Resume at Reduced Levels
President Vladimir Putin of Russia warned that the Nord Stream 1 natural gas pipeline would not operate at full capacity after maintenance work ends.
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Russia Cuts Gas Flows as Europe Races to Stock Up for Winter
The routine summer practice of filling Europe’s natural gas tanks has become a battle after Russia cut deliveries by more than half.