re worried the shutdown might be extended due to war in Ukraine.
Europe fears Russia may extend the scheduled maintenance to restrict European gas supply further, throwing plans to fill storage for winter into disarray and heightening a gas crisis that has prompted emergency measures from governments and painfully high bills for consumers. There are other big pipelines from Russia to Europe but flows have been gradually declining, especially after Ukraine halted one gas transit route in May, blaming interference by occupying Russian forces.
Siemens Energy said it was working on further formal approvals and logistics to get the equipment in place as soon as possible. While a complete halt of gas is considered unlikely, Gazprom has not been re-routing flows via other pipelines, meaning a prolonged reduced flow rate is probable, analysts at Goldman Sachs said.Germany has moved to stage two of a three-tier emergency gas plan, which is one step before the government rations fuel consumption.
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