Russia’s Gazprom Says Gas Flow To Europe Will Stay Shut After G7 Agreed Price Cap To Choke Putin’s War Machine

Russia’s Gazprom has said natural gas supplies to Europe via the Nord Stream 1 pipeline will remain shut off.

It comes after G7 finance ministers agreed to impose a price cap on Russian oil exports in an effort to limit funding for President Vladimir Putin’s war in Ukraine.

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Gazprom said it was not reinstating supplies to Europe because the main gas turbine at Portovaya compressor station near St Petersburg could not operate safely until a leak was repaired. It did not say when supplies would be restarted.

Moscow has blamed sanctions imposed by the West after Russia invaded Ukraine for hampering routine operations and maintenance for Nord Stream 1. However, Brussels has said that is a pretext and Russia is using gas as an economic weapon to retaliate.

Germany’s network regulator said the country was better prepared for a stop of Russian gas supplies, but urged citizens and companies to cut consumption.

“In view of the Russian decision not to allow any gas to flow via Nord Stream 1 for the time being, the LNG terminals,
the relevant storage levels & significant savings requirements are becoming more important,” Klaus Mueller, president of the Bundesnetzagentur, tweeted. “It’s good that Germany is now better prepared, but now it’s down to each and everyone.”