Russia closes Nord Stream gas price rises

Russia closes Nord Stream, gas price rises

Russia is shutting the Nord Stream pipeline taps, raising gas prices to a new record. The shutdown of the single Nord Stream turbine announced by Gazprom will arrive on August 31 and is expected to last only three days, reports Russian news agency Tass, emphasizing that “gas supplies via Nord Stream will be suspended for the period . turbine repair “.

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Gas transit through Nord Stream will be restored at the level of 33 million cubic meters per day after the completion of repairs on September 2, Gazprom continues to assure. “On August 31 – the Russian comrades’ note reads – the only functioning gas pump unit Trent 60 will be stopped for three days for maintenance and preventive maintenance. A series of routine maintenance works according to the current maintenance contract will be carried out in cooperation with Siemens specialists”.

But the announced stop immediately caused gas prices in Amsterdam to skyrocket. Gas at Dutch hub Ttf is growing and is currently €257.4 per MWh, up 6.803%.