Russia resumes gas flow through Nord Stream — Analysis

Gazprom announced that it resumed delivery of natural gas from Russia via the Nord Stream 1 Baltic Sea pipe on Thursday. This was according to Deutsche Presse-Agentur.

Nord Stream AG’s spokesperson said that the pipeline operated at 40% capacity.

Gazprom cut the Nord Stream flow last month, and then suspended it completely on July 11 due to routine maintenance.

After the European Commission on Wednesday urged EU members to decrease their consumption of natural gas by 15% between March and next year amid concerns that Moscow may stop supplies to Europe to retaliate to sanctions on Russia’s military operation in Ukraine, the news about the resumed supply is good. “Russia is blackmailing us. Russia is using energy as a weapon,” European Commission President Ursula von der Leyen said.

EU approves new round of sanctions

Gazprom stated that the Nord Stream needed a turbine repaired to function properly. Ottawa gave an exemption for the sanctions and allowed equipment to be sent back to Germany early this month.

On Wednesday, Russia’s gas giant stated that Siemens had still not provided the documentation required for it to reinstall its turbine.

German officials warned repeatedly that the immediate suspension of Russian gas deliveries or a complete ban would be disastrous for the economy. Some industries could be affected by the consequences. “catastrophic,”Robert Habeck was Economy Minister in June.

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