Wednesday, July 20, 2022

The 10-day shutdown of the Nord Stream 1 (NS1) pipeline from Russia to Germany is no longer just a temporary thing for "scheduled maintenance." Gazprom just declared a force majeure against one major European customer, which means that NS1 will remain closed indefinitely, leaving parts of Europe without gas this winter.

Western Europe celebrates loss of Russian gas because it will help the EU maintain consistency with its "climate ambitions"

  • Germany has already taken unprecedented steps in anticipation of gas shortfalls
  • The International Energy Agency (IEA) is highlighting how the loss of much-needed gas is "consistent with the EU's climate ambitions"
    1. It said the force majeure measure, a clause invoked when a business is hit by something beyond its control, was effective from deliveries starting from June 14, Reuters reported, citing a letter dated one month later on July 14.
    2. The new letter appears to be a legal release from supply obligations in anticipation of a July 22 doomsday, the date on which it was already expected that Gazprom would keep the tap off rather than return NS1 back to normal service.
     

 

https://www.naturalnews.com/2022-07-19-gas-russia-germany-halted-indefinitely-force-majeure.html 

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