One way to increase gas supplies to Europe is to launch the Nord Stream 2 (PP-2) gas pipeline.
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This was stated by Russian President Vladimir Putin during his visit to Iran, the Russian propaganda agency TASS reports.
We have another ready-made route – this is Nord Stream -2. It can be launched,” Putin said.
At the same time, he noted that half of the capacity of this gas pipeline is reserved for domestic consumption.
Therefore, even if we launch Nord Stream 2 tomorrow, it will not be 55 billion cubic meters. m per year, and exactly half, – explained the owner of the Kremlin.
He added that Gazprom has not yet received official documents from Canada on the return of the turbine for PP-1. If the turbine is not returned, only 30 million cubic meters can be pumped along the route. m of gas per day instead of the current 60
Putin also commented on the plans of Western countries to set a price ceiling for Russian oil. He predicts that if they are realized, “oil prices will skyrocket” (JPMorgan Chase analysts have said this earlier).
The Nord Stream 2 gas pipeline runs along the bottom of the Baltic Sea from the Russian Ust-Luga to the German Greifswald. Its construction was completed in autumn 2021. On February 22, Germany stopped the process of launching Nord Stream 2 in response to Russia’s recognition of the independence of the self-proclaimed LPR.
At present, the main route for the supply of Russian gas to Europe is the PP-1 gas pipeline. In June, Gazprom reduced their gas pumping to 67 million cubic meters. m per day (60% of the target).
Gazprom explained this by the delay in the return of the Siemens turbine, which was sent to Canada for repairs and fell under sanctions after the outbreak of the war. Canada later agreed to return the turbine to Russia at the request of Germany.
Since July 11, ChP-1 has been completely stopped for 10 days for scheduled work. In Europe, it is assumed that Russia may not resume deliveries through it or resume them not in full. According to Bloomberg, the European Commission will propose to reduce gas consumption in the EU by 15% from August.
The repaired turbine for PP-1 is now on its way to Russia from Canada. This was stated by the head of the European Commission Ursula von der Leyen.
This turbine is now being transported from Canada, so there are no more reasons to limit gas supplies, Interfax quotes von der Leyen’s official statement.
According to the head of the European Commission, the turbine will be in place “on time”. She did not give an exact return date.
Gazprom, in turn, said on the afternoon of July 20 that it had not yet received official documents from Siemens allowing the turbine to be returned to Russia under the Canadian and EU sanctions.
Source: Racurs
