Posted on 07/27/2022 7:18:24 AM PDT by Oldeconomybuyer
BERLIN/FRANKFURT (Reuters) - Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that will make it harder, and costlier, for the bloc to fill up storage ahead of the winter heating season.
The cut in supplies, flagged by Gazprom earlier this week, has reduced the capacity of Nord Stream 1 pipeline - the major delivery route to Europe for Russian gas - to a mere fifth of its total capacity.
On Wednesday, physical flows via Nord Stream 1 tumbled to 14.4 million kilowatt hours per hour (kWh/h) between 1000-1100 GMT from around 28 million kWh/h a day earlier, already just 40% of normal capacity. The drop comes less than a week after the pipeline restarted following a scheduled 10-day maintenance period.
The Dutch wholesale gas price for August, the European benchmark, jumped 9% to 205 euros per megawatt hour on Wednesday, up around 412% from a year ago.
German finance minister Christian Lindner said he was open to the use of nuclear power to avoid an electricity shortage.
(Excerpt) Read more at news.yahoo.com ...
Russian Ruble secure, they now start turning up economic pressure of their own on Europe.
Sanctions have clearly failed.
Russia is unreliable and threatening
many have been warning for years, Europe refused to listen
... but they’re listening now
A good lesson for the world. Interdependency among unfriendly nations can bite.
It would do the world good to have a smaller appetite for energy. That opinion has nothing to do with global warming or pollution.
This is like watching someone flailing in the water next to a flotation device.
Turn on NordStream-2 idiots!
But they’re still not serious. Nord Stream II could be activated easily. But... politics.
Back ole Le Pétomane up to those windmills, Euroweenies.
Trump. Warned. You.
Green Energy = You will freeze in the dark.
time for Don Quixote
Ukraine will be furious with the EU...
That has nothing to do with being reliable, you just can’t fight Russia on one hand and then expect them to be generous and supply you with what you need. I have a hunch that sooner or later Russia will persevere anyway in spite of the west trying to prolong the conflict for as long as possible, primarily encouraged by a war mongering bunch of idiots in the US administration who realize that the next elections may not be in their favor and what better way than to get involved in a war. Aside all that in my humble opinion, which doesn’t mean much to begin with, I feel in case of the Ukraine conflict that Russia is more right than wrong.
> the major delivery route to Europe for Russian gas - to a mere fifth of its total capacity.
Isn’t this what Europe wants? Isn’t this great for the climate?
Believing they did not need energy generation capabilities, they developed a perverse reliance on a dangerous partner.
The EU has gone around condemning fossil fuels and nuclear power, just like Democrats have in the US. There is no consequential proof of man-made global warming, and Nobel Prizes issued over the Arctic being ice-free by 2020 and NYC being 1/4 under water by 2015 or so are still considered valid by those involved, as they have an incredible ability to ignore when their lies have been revealed.
China and India are building coal plants. Everyone other country should, too.
If it weren’t so pathetic, it would be almost funny to watch these environmental wacko people think they’re driving Russia to its knees only to see them as the ones on their knees.
Trump, “I warned you!”
“Russia is unreliable and threatening.”
Russia has ALWAYS been unreliable and threatening.
Russia is helping Europe reach their climate goals.
dig a little deeper, and you’ll find that Russia was actually quietly financing a lot of the European environmentalists in their quest to get of nuclear energy ...
and make Europe dependent on Russian gas in the process ...
Russia played Europe real good, and it’s only this botched Ukraine invasion that has finally woken them up
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