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The German state flies to the aid of the energy sector

2022-07-06T18:05:17.079Z


A law taken urgently to save Uniper, the main importer of Russian gas, is submitted to Parliament. Berlin The gas supply curve via Nord Stream 1 has remained at a low but stable level since mid-June. Next Monday will begin the annual overhaul on the 1,200 kilometer offshore gas pipeline between Portonovaya and Greifswald: the orange-colored route will drop to zero. Maintenance work is due to last until July 21, but only supplier Gazprom knows whether deliveries will resume. In Berlin, nobody b


Berlin

The gas supply curve via Nord Stream 1 has remained at a low but stable level since mid-June.

Next Monday will begin the annual overhaul on the 1,200 kilometer offshore gas pipeline between Portonovaya and Greifswald: the orange-colored route will drop to zero.

Maintenance work is due to last until July 21, but only supplier Gazprom knows whether deliveries will resume.

In Berlin, nobody believes it.

With the flow down to two-thirds, the energy sector is already on high alert.

Uniper, Russia's main gas importer, sounded the alarm last week.

Its shares have lost more than a quarter of their value, falling to their lowest level in more than five and a half years.

Read also

The German Uniper, first victim of the Russian gas crisis

So far, about 200 of the 370 terawatt hours of long-term delivery contracts have come from Russia.

The gas must now be offset by purchases on the European commodity exchanges.

The prices on the…

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Source: lefigaro

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