Gazprom stops gas supplies to French Engie
[ad_1]
The full suspension will take effect from 1 September 2022 until Gazprom receives the money for the supplied gas. The Russian monopolist refers to the Presidential Decree of March 31, 2022 “On the Special Procedure for the Fulfillment of Obligations by Foreign Buyers to Russian Natural Gas Suppliers”, which prohibits the supply of gas to foreign buyers if payment is not made within the time period established by the contract. “As of the end of the business day on August 30, Gazprom Export LLC did not receive full payments for gas supplied to Engie (France) in July under existing contracts,” Gazprom said. “In this regard, Gazprom Export has notified Engie of a complete suspension of gas supplies starting from September 1, 2022 until the moment the funds for the supplied gas are received in full.”
The day before, Bloomberg reportedthat Gazprom notified Engie of a cut in gas supplies due to a disagreement on some contracts. Engie noted that they have provided all the necessary volumes of gas for the company itself and its customers, and have also taken a number of measures that will help reduce the financial or physical consequences of a possible cessation of gas supplies from Gazprom. In addition, Engie noted that Gazprom had already significantly reduced gas supplies after the start of the special operation in Ukraine.
In Europe, high gas prices are fixed, which is due to the threat of a crisis with the supply of this energy resource. Earlier, Gazprom announced that on August 31 it would stop the operation of the last Nord Stream gas-pumping turbine for scheduled work, in the absence of technical malfunctions, pumping would be resumed on September 2 to the current 20% of the planned volume of 167 million cubic meters. m per day, that is, no more than 33 million cubic meters will flow through the pipeline. m of gas every day.
[ad_2]
Source link
