Russia tightens gas supplies to Germany, Italy

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BERLIN - Gazprom, the Russian gas monopoly, said on Wednesday that it was further tightening natural gas supplies through a key pipeline to Germany.

The company said flows through the pipeline, Nord Stream 1, would be cut by 60 per cent, a day after announcing a 40 per cent reduction.

Gazprom said the cuts were necessary because a turbine for a compressor station in northwestern Russia was sent for repairs and had not returned in time. Siemens Energy, the German manufacturer of the turbine, said the turbine had been sent to Canada for maintenance at a specialised facility in Montreal and that its return had been delayed because of Ottawa's sanctions on Russia.

Adding to worries, Eni, the Italian energy company and a major Gazprom customer, said on Wednesday that the Russian company said it would cut gas supplies by about 15 per cent for the day.At present, there does not seem to be a risk of immediate shortages.

 

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