RUSSIAN PRESIDENT TAP-OFF GAS SUPPLY TO THE EUROPEAN UNION - LATEST NEWS RUSSIAUKRAINE
PUTIN BACK-FOOTS
EUROPEAN UNION - NORD STREAM-1 GAS LINE CLOSED
amit rao/ Sept-1
The Russian PresidentVladimir Tap-Off Europe’s Biggest Gas Supply Line Nord Stream-1
It’s not the first
time did Putin cuts-off the gas supply but it’s the second time. Putin
justified the repair work to be the reason of holding the gas supply to Europe
for 3 days. The same reason was served before in the month of July this year when
Russia closed the gas supply to Europe and resumed back after 10 days.
Again EU faces gas-chokes
as Gazprom confirms resuming the supply after 72 hours.
Since Europe imposed sanctions on Russia, Putin
started choking Europe reducing the capacity of gas supply at 20% since July
which is half the capacity what Europe received. The capacity was lowered by half in July from 40%.
Europe, on
the other side, started stocking and reducing gas consumption but they need 27%
gas deficits from the Nord Stream-1. Europe’s gas storage capacity at present
is at 73% capacity.
The Nord
Stream 1 bridges 55 billion cubic metres of gas and is the biggest gas line
connecting Russia and Europe.
The
European Union pays the pricing of matching sanction tones with the United States.
The Russian President owns the ace card and intends to counter EU’s sanction
with gas crisis tactic.
The
RussiaUkraine war is still on and is about to complete six months.Google News Publication
News Writer Amit Rao
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