A repaired gas turbine will be installed in the Nord Stream 1 pipeline from Russia to Germany once it is returned after maintenance, and natural gas will then be supplied in “corresponding volumes,” a Kremlin spokesman said on July 25.
Spokesman Dmitry Peskov stopped short of saying supply would increase, noting that further equipment needed to be repaired.
But he sounded a relatively upbeat note after weeks of uncertainty over the turbine repair in Canada, and a 10-day shutdown of Nord Stream 1 for annual maintenance, had sown doubt in Europe over whether Russia might shut the pipeline altogether.
“The turbine will be installed after all the formalities are complete... And the gas will be pumped in the corresponding volumes, the volumes which are technologically possible,” Peskov told reporters.
He was commenting on a report by Kommersant newspaper that Siemens Energy, which had serviced the turbine in Canada, had handed over Canadian documentation to Gazprom which would allow its return.
The Kremlin has denied accusations by European politicians that it is using its energy leverage to “blackmail” the EU, which together with the U.S. and other Western nations has imposed waves of sanctions on Moscow since it sent its army into Ukraine on Feb. 24.
Gazprom resumed supplies via Nord Stream 1 last week after the 10-day maintenance break, but only at 40% of the pipeline's capacity.
Russia has said it was forced to lower the volume of gas to that level in June because Western sanctions were delaying the return of the turbine from Canada.
European politicians have challenged that explanation, with Germany saying the turbine in question was not meant to be used until September.
Peskov said that there was more Nord Stream 1 equipment that needed repairing and Siemens Energy was aware of that.
He also said that Moscow was not interested in a complete stoppage of Russian gas supplies to Europe, which is in a rush to fill its underground storage with gas before the winter season.
Peskov said Gazprom was not to blame for the storage risks, reiterating Moscow’s line that Europeans are suffering the consequences of sanctions that they themselves imposed against Russia.
Recommended Reading
Venture Global LNG Files Paperwork for IPO
2024-12-20 - Venture Global LNG filed initial paperwork for an IPO on Dec. 20, about a week after the company’s Plaquemines LNG facility started production.
Dividends Declared Week of Dec. 16
2024-12-20 - As fourth-quarter 2024 nears its end, here is a compilation of dividends declared from select upstream, midstream and service and supply companies.
Rising Phoenix Names Executive as New Director of Capital
2024-12-19 - Rising Phoenix Capital appointed Ben Fujihara, a tenured financial executive, to oversee the company’s capital strategy, investor relations and business development.
Natron Energy Appoints New CEO
2024-12-17 - Sodium ion battery technology company Natron Energy has appointed Wendell Brooks as the company’s new CEO to lead growth initiatives in 2025.
NOV Appoints Former Denbury CEO Chris Kendall to Board
2024-12-16 - NOV Inc. appointed former Denbury CEO Chris Kendall to its board, which has expanded to 11 directors.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.