German gas shortage may prevent exports to Europe

Germany’s gas supply is running at alert level with government predictions suggesting a tough winter ahead, leading to an even tougher choice- keep supplying European countries or keep gas for citizens, Euractiv reports.

Russia’s state-owned gas giant Gazprom reduced flows through Nord Stream 1 to 40% of the sticker capacity. With the pipeline scheduled for maintenance in July, there are fears in Berlin and the industry that gas flows might not resume afterwards, putting Germany in a real bind.

Avoiding a gas shortage “is only possible under the assumption that we do not send gas from our stores to neighbouring European countries,” explained Robert Habeck, Germany’s vice-chancellor, on Thursday.

Without Russian gas next winter, Germany will face a tough choice as early as mid-December. If its neighbours are supplied, its industry may have to go without.

Source: Euractiv

Tags: Gazprom, Germany

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