The Russian state-run energy company said supplies through the Nord Stream 1 pipeline to Germany would drop to just 20 per cent of capacity.
Thomson ReutersThe logo of Russia's energy giant Gazprom is pictured at one of its petrol stations in Moscow on July 11. Gazprom said flows would fall to 33 million cubic metres per day from 4 a.m. GMT on Wednesday — a halving of the current, already reduced level — because it needed to halt the operation of a Siemens gas turbine at a compressor station on instructions from an industry watchdog.
The European Union has repeatedly accused Russia of resorting to energy blackmail, while the Kremlin says the shortfalls have been caused by maintenance issues and the effect of Western sanctions. Russian President Vladimir Putin had foreshadowed the latest cut, warning the West this month that continued sanctions could trigger catastrophic energy price rises for consumers around the world.Russia had already cut flows through Nord Stream 1 to 40 per cent of capacity in June, citing the delayed return of a turbine that was being serviced by Siemens Energy in Canada — an explanation that Germany rejected as spurious.
Gazprom said on Monday it had received documents from Siemens Energy and Canada but "they do not remove the previously identified risks and raise additional questions." "The German authorities provided Siemens Energy with all the necessary documents for the export of the turbine to Russia at the beginning of last week. Gazprom is aware of this," it said.
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