Gazprom was accused by the German economy minister of attempting to fuel up the energy prices by sharply reducing supplies. But Gazprom reverted back saying this was caused due to the delayed return of equipment that was serviced by Germany’s Siemens Energy situated in Canada. Big falls in the gas supply of Russia have been reported from Italy and Austria as well. This was not premeditated, said The Kremlin.
Alexi Miller, the chief executive of Gramprom said Russia would play by its own rules after the amount of gas supplied to Germany was limited. The supply went to under 70m cubic meters per day-which reported to be well under the current state.
Mr.Miller commented during a panel discussion, “Our product, our rules. We don’t play by rules we didn’t create,” held at the St Petersburg International Economic Forum.
He mentioned he saw no particular solution to the equipment issue at the Portovaya compressor station, which was part of the Nord Stream 1 pipeline carrying Russian gas to Germany.
The sanctions were blamed by Mr. Miller for hampering the return of equipment – a claim that Germany brushed off as “unfounded”.
While this situation is onboard, the Italian energy giant said that it would receive only about 65% of the gas requested from Gazprom on Thursday. This was due to the problems arising at Portvaya.
But in this case, the Italian government has all the required countermeasures in any case where the gas supply is cut off from Russia in the coming days, reported the country’s ecological transition minister on Thursday.
Rober Cingolai said, “The gas situation is under control, we are monitoring flows day and night, and damages are so far limited.”
Gazprom here blamed the repair work for cutting the supply of gas through the Nordstream pipeline, decreasing 40 % of its usual capacity to Germany.
Very few have entrusted their beliefs to the Russian firm in this situation. The economy and climate change minister Robert Habeck the least in this case. In his consideration, this all was a political decision, he said. One of the reasons taken presumably was to coincide with Chancellor Olaf Scholz’s visit to Ukraine.
The president of the Federal Network Agency said this was a warning sign. Which was also responsible for Germany’s energy infrastructure. Klaus Mueller accused Russia of attempting to spread insecurity and push up the prices of gas.
People and businesses were urged to save energy by the government but say there has been no shortage of supply regardless lately. The sense of panic that is witnessed here is that it’s summer after all and most newspapers are busy reporting an impending heat wave due this weekend. The agency still warns that, if the reduced gas supply continues, Germany will have an issue. Ahead of winter reservoirs need to be filled.
This Wednesday and Thursday, many European energy companies, including Italy’s ENI, Germany’s Uniper, and Austria’s OMVhave all reported falls in the supply of Russian gas.
The gas supply was reduced by Gazprom by about 15 % on Wednesday, said ENI. Italy, just like Germany, is heavily reliant on Russian gas, which would account for about 40 % of its imports.