0 $
2,500 $
5,000 $
500 $
AUGUST 2025 يوم متبقٍ

BREAKING: Nord Stream To Stop Again For Maintenance. Gas Prices In Europe Rose Again

Support SouthFront

BREAKING: Nord Stream To Stop Again For Maintenance. Gas Prices In Europe Rose Again

Illustrative Image

On August 19, Gazprom claimed that the Nord Stream pipeline will be stopped again for maintenance. From August 31, the only working Trent 60 gas pumping unit located at the Portovaya compressor station will be stopped for three days. During this period, gas supplies via the Nord Stream will be suspended.

Maintenance of turbines after every 1000 hours of operation is required by the technical documentation of the manufacturer – Siemens, Gazprom explained.

According to Gazprom, upon completion of the work and the absence of technical malfunctions of the unit, gas transport will be restored to the level of 33 million cubic meters. m per day.

Gas prices exceeded $2,700 after Gazprom announced repair plans. The cost of the September gas futures at the TTF hub in the Netherlands at the maximum grew by 8.3% to €261.87 per 1 MWh, or about $2,750 per thousand cubic meters. m taking into account the current exchange rate on the international Forex market, according to data from the London ICE exchange.

Gazprom has already stopped pumping via the Nord Stream this summer from July 11 to July 21, when the pipeline underwent scheduled maintenance.

BREAKING: Nord Stream To Stop Again For Maintenance. Gas Prices In Europe Rose Again

Click to see full-size image

Gazprom has also reduced supplies via Nord Stream to Europe since mid-June due to problems related to the sanctions. The Russian company could not take back the equipment after the repair, which was carried out at the Canadian Siemens plant. Canada has agreed to transfer the repaired turbine to Germany. But since July, the unit has remained in Germany due to problems with permits for its transfer to Russia.

MORE ON THE TOPIC:

Support SouthFront

SouthFront

Subscribe
Notify of
guest
56 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
56
0
Would love your thoughts, please comment.x
()
x