![]() ![]() ![]() European leaders rejected that claim, calling it a political move to create uncertainty and spike energy prices. After the EU imposed sanctions on Russia’s banks and companies and started sending weapons to Ukraine, Russian cut off gas to six countries and reduced supplies to six more.įlows into Germany, the EU’s biggest economy, through Nord Stream 1 were dialed back by two-thirds, with Russia blaming a part that was sent to Canada for maintenance and not returned due to sanctions. Even before the invasion of Ukraine, Russia was not selling gas on the short-term spot market. Here are key things to know about Europe’s energy crisis: Government officials had feared the pipeline may not reopen at all, saying Putin is using energy for political leverage in his confrontation with the European Union over the war in Ukraine. HALF LIFE SOURCE WEAPONS NOT SHOWING FULLThat is because Russia has already slashed Europe’s amounts of natural gas used to power factories, generate electricity and heat homes in the winter, and Russian President Vladimir Putin has warned they could keep dwindling.ĭeliveries through Nord Stream 1 were cut by 60% before annual repairs began and were expected to stay well below the pipeline’s full capacity. While natural gas started flowing again Thursday after the major pipeline shut down for 10 days of maintenance, Europe will still struggle to keep homes warm and industry humming this winter. Europe faced an energy crisis even before drama emerged about the Nord Stream 1 pipeline reopening from Russia to Germany. ![]()
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