According to Gazprom, the resumption of Nord Stream 1 depends on Siemens Energy

Russia’s largest natural gas pipeline to Europe will not resume operations until Siemens Energy repairs the faulty equipment, Gazprom’s Deputy CEO Vitaly Markelov told Reuters on Tuesday.

Europe is facing its worst gas supply crisis on record, with soaring energy prices and German importers even discussing possible rationing in the European Union’s largest economy after Russia cuts flows west.

Gazprom said on Friday that the Nord Stream 1 pipeline, Europe’s main supply route, would remain closed because a turbine at a compressor station had an engine oil leak, sending wholesale gas prices skyrocketing.

Asked when Nord Stream 1 will produce gas again, Markelov told Reuters on the sidelines of the Eastern Economic Forum in Russia’s Pacific port of Vladivostok: “You should ask Siemens. You must first repair the equipment.”

Siemens Energy, headquartered in Munich, said on Tuesday that they did not understand Gazprom’s situation report.

A motor oil leak from the last turbine still in operation at the Portovaya compressor station is no reason to keep the pipeline closed.

“We cannot understand this new presentation based on the information we received over the weekend,” Siemens Energy said in a written statement.

“Therefore, our assessment for the time being is that the findings communicated to us do not represent a technical reason for the cessation of operations. Such leaks do not typically affect the operation of a facility and can be plugged on site.

The Kremlin blames the energy crisis on sanctions imposed by the West on Russia over what President Vladimir Putin is calling his “special military operation” in Ukraine. European leaders say Moscow is using energy to blackmail the EU.

Nord Stream 1, which runs under the Baltic Sea to Germany, is by far the largest Russian gas pipeline to Europe, transporting up to 59.2 billion cubic meters of gas annually.

Once seen as a symbol of cooperation between one of the world’s largest energy powerhouses and the world’s fourth-largest economy, Nord Stream has now become the subject of allegations between Berlin and Moscow.

European politicians say Putin, Russia’s supreme leader since the last day of 1999, is using his influence as head of one of the world’s biggest energy powers to foment discord in Europe over the conflict in Ukraine.

EU politicians dismiss Gazprom’s statements on the turbine issue as a pretext.

But the Kremlin says the West triggered the energy crisis by imposing the heaviest sanctions in modern history, a move Putin says amounts to a declaration of economic warfare.

The Kremlin also warned that Russia would retaliate over a G7 proposal to impose a price cap on Russian oil, a move unlikely to harm Russia unless China and India follow suit.

Russian Energy Minister Nikolai Shulginov said in Vladivostok on Tuesday that Russia would respond to the price cap and ship more oil to Asia. He said Russia and its partners are considering establishing an insurer to facilitate oil trade. According to Gazprom, the resumption of Nord Stream 1 depends on Siemens Energy

Fry Electronics Team

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