Gazprom decided not to finally open the Nord Stream 1 tap today, provoking the sharp reaction of the Commission, which is preparing to impose a ceiling.
The energy “war” between Russia and Europe is escalating, after Gazprom’s decision not to open the Nord Stream 1 tap today – despite the original planning – provoking the sharp reaction of the Commission, which is preparing to impose a ceiling.
In a news release, Siemens Energy states that since yesterday at 23:00 Greek time, it has not taken part in maintenance work on the Nord Stream 1 natural gas pipeline, while it has not received any request for technical support from the Russian Gazprom.
Earlier today, Gazprom announced that Siemens Energy was ready to help repair the damaged equipment for the pipeline, while – according to Gazprom – technical support from Siemens Energy was nowhere to be found.
Siemens Energy said it could not immediately confirm Gazprom’s announcement.
Brussels to Putin: Respect the contracts
European Economic Commissioner Paolo Gentiloni says the European Union expects Russian President Vladimir Putin to respect Russia’s contracts, but in case Moscow does not, then the EU is ready.
He also said that the G7 agreement on a price ceiling on Russian oil imports by sea further strengthens the EU’s sixth package of sanctions and allows Russian oil to continue to be sold on world markets at low prices.
The Italian commissioner points out that this deal is an important step towards two goals: cutting Russia’s revenue to finance Putin’s brutal war against Ukraine and putting downward pressure on global energy prices.
“The G7 will now work to build a broad global coalition to finalize the design and level of the price cap and implement it together, to maximize its effectiveness. The Commission will play its full part in working to reach consensus among the 27 Member States to implement this measure in the EU. We aim to implement it in line with the timetable agreed under the EU’s sixth sanctions package – i.e. December 5, 2022 for crude oil and February 5, 2023 for petroleum products,” Paolo Gentiloni said in his statement.
He concludes, saying: “Putin seeks to subjugate an independent nation through brutal military aggression and create insecurity in Europe and around the world by ‘weaponizing’ Russia’s energy exports. Today the international community of democracies has again shown its unity and determination that it will not fail.”
RES-EMP
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