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2022-07-26 10:35:00

RUSSIAN GAS TO EUROPE DOWN

RUSSIAN GAS TO EUROPE DOWN

PLATTS - 25 Jul 2022 - Natural gas flows from Russia to Germany via the Nord Stream pipeline will fall to 33 million cu m/d at 0700 Moscow time (0500 BST) due to the cessation of operations on another Siemens gas turbine at Portovaya, Gazprom said in a press release.

"Due to the end of the time between overhauls before overhaul (in accordance with the instructions of Rostekhnadzor and taking into account the technical condition of the engine), Gazprom [stopped] the operation of another Siemens gas turbine engine at the Portovaya CS," the company said, adding, "the daily output of the Portovaya CS from 0700 Moscow time ... July 27 will be up to 33 million cu m/d."

Earlier July 25, Gazprom said "additional questions" were raised after receiving, through Germany's Siemens, documents from the Canadian government about a gas compressor that was sent to the country for maintenance.

Gas flows have been running at 63 million cu m/d on either side of the planned July 11-20 annual maintenance period, data from Nord Stream AG showed, but are due to fall back to about 20% of capacity at the beginning of the July 27 gas day as a result of the shutdown of the other Siemens compressor.

The Dutch TTF August contract was seen trading as high as Eur176/MWh shortly after the press release surfaced, up Eur17 from its intraday low.

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Earlier:

RUSSIAN GAS TO EUROPE DOWN
2022, July, 21, 14:05:00
RUSSIAN GAS RESUMPTION
“The resumption this morning of flows along Nord Stream is likely to lead to a collective sign of relief from not just the European gas market, but from the wider economy,”
RUSSIAN GAS TO EUROPE DOWN
2022, July, 15, 12:00:00
EUROPEAN ENERGY CRISIS, RECESSION
“Until now I thought we had shot ourselves in the foot,” Orban said. “Now it’s more like the European economy had shot itself in the lungs and it’s now struggling to breathe.”
RUSSIAN GAS TO EUROPE DOWN
2022, July, 8, 14:35:00
RUSSIAN GAS FOR EUROPE IS STABLE
Russian gas producer Gazprom (GAZP.MM) has cut capacity through the pipeline to just 40%, citing the delayed return of equipment being serviced by Germany's Siemens Energy (SIEGn.DE) in Canada.
RUSSIAN GAS TO EUROPE DOWN
2022, July, 6, 11:15:00
RUSSIA GOT $24 BLN
China spent $18.9 billion on Russian oil, gas and coal in the three months to the end of May, almost double the amount a year earlier, latest customs data show. Meanwhile, India shelled out $5.1 billion in the same period, more than five times the value of a year ago.
RUSSIAN GAS TO EUROPE DOWN
2022, July, 5, 12:15:00
RUSSIAN GAS FOR EUROPE DOWN
Russian pipeline exports to Europe in June via its main operational corridors -- Nord Stream, Ukraine and the TurkStream string to Europe -- totaled just 4.69 Bcm, down 41% compared with supplies of 7.93 Bcm in May,
RUSSIAN GAS TO EUROPE DOWN
2022, June, 28, 12:00:00
RUSSIA, EUROPE GAS REDUCTION
The European Commission will next month present a plan for EU countries to coordinate their preparations for further gas shocks, as Russia has already cut or reduced supplies to 12 of the bloc's 27 member states.
RUSSIAN GAS TO EUROPE DOWN
2022, May, 19, 13:50:00
EUROPEAN ENERGY SUICIDE
Saying no to Russian energy means that Europe will systemically and for the long term become the world’s most costly region for energy resources.
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Tags: RUSSIA, EUROPE, GAS, GAZPROM