Germany faces gas supply 'crisis'; warns storage targets for winter at risk
2 years, 6 months ago

Germany faces gas supply 'crisis'; warns storage targets for winter at risk

Firstpost  

The government said the decision to raise the level to ‘alarm’ follows the cuts to Russian deliveries made since 14 June and the continued high market price for gas Berlin: Germany activated the second phase of its three-stage emergency plan for natural gas supplies Thursday, saying the country faces a “crisis” and warning that storage targets for the winter are at risk due to dwindling deliveries from Russia. The government said the decision to raise the level to “alarm” follows the cuts to Russian deliveries made since 14 June and the continued high market price for gas. Economy Minister Robert Habeck said in a statement that “the situation is serious and winter will come.” “The reduction in gas supplies is an economic attack on us by Putin,” he said. But our country is going to have to go down a stony path now.” “Even if we can’t feel it yet: we are in a gas crisis,” Habeck added.

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History of this topic

Europe’s economic outlook brightens a little after avoiding recession. But inflation still squeezes
1 year, 7 months ago

Europe’s economic outlook brightens a little after avoiding recession. But inflation still squeezes

Associated Press  

FRANKFURT, Germany — The European Union’s executive body raised its economic growth forecast, saying Europe had dodged a winter recession that was feared amid an energy crisis but warning that stubbornly high inflation is likely to keep hurting the economy by sapping people’s ability to spend. The outlook for the 20 countries using the euro currency improved to growth of …

German energy boss warns: Don’t let guard down on gas supply
1 year, 10 months ago

German energy boss warns: Don’t let guard down on gas supply

Associated Press  

BONN, Germany — The temperature outside Klaus Mueller’s office almost resembles spring, exactly the kind of mild weather that helped Germany get through the winter without Russian natural gas. Mueller would only concede that he’s “optimistic” this winter will end without a further gas crunch, especially after Germany cut gas use by 14% in 2022 through lowering thermostats, switching to …

Moscow’s decades-old gas ties with Europe lie in ruins
1 year, 10 months ago

Moscow’s decades-old gas ties with Europe lie in ruins

Live Mint  

Meticulously crafted over decades as a major revenue stream for the Kremlin, Moscow's gas trade with Europe is unlikely to recover from the ravages of military conflict. After President Vladimir Putin's "special military operation" in Ukraine began almost a year ago, a combination of Western sanctions and Russia's decision to cut supplies to Europe drastically reduced the country's energy exports. …

Germany sees brighter outlook for Europe’s largest economy
1 year, 10 months ago

Germany sees brighter outlook for Europe’s largest economy

Associated Press  

FRANKFURT, Germany — The German government on Wednesday said it expects to eke out economic growth this year instead of a decline as Europe’s largest economy manages its energy divorce from Russia and shells out support for consumers and businesses hit by higher energy costs. The improved outlook “didn’t fall from heaven — we accomplished it, this country accomplished it.” …

Germany opens its 2nd liquefied natural gas terminal
1 year, 11 months ago

Germany opens its 2nd liquefied natural gas terminal

Associated Press  

BERLIN — Germany on Saturday inaugurated its second liquefied natural gas terminal, part of a drive by Europe’s biggest economy to put reliance on Russian energy sources firmly behind it. Chancellor Olaf Scholz took part in the ceremony in Lubmin on the Baltic Sea coast, which came less than a month after he inaugurated Germany’s first LNG terminal at Wilhelmshaven …

Europe has staved off energy collapse despite Russia’s gas cutoff. But is the crisis over?
1 year, 11 months ago

Europe has staved off energy collapse despite Russia’s gas cutoff. But is the crisis over?

LA Times  

Europe has dodged an energy apocalypse this winter, economists and officials say, thanks to unusually warm weather and efforts to find other sources of natural gas after Russia cut off most of its supply to the continent. In Germany, Europe’s largest economy, the government passed gas and electricity price caps allowing small businesses and consumers to buy 80% of their …

German regulator: winter gas shortage increasingly unlikely
1 year, 11 months ago

German regulator: winter gas shortage increasingly unlikely

Associated Press  

BERLIN — Germany’s network regulator said Thursday that a gas shortage is “increasingly unlikely” this winter, but cautioned that it remains important to use the fuel sparingly. The Federal Network Agency said in its daily report that it views the situation as “less tight than at the beginning of the winter.” It had described the situation as “tight” since Russia …

EU hails high gas storage levels despite Russian cuts
1 year, 11 months ago

EU hails high gas storage levels despite Russian cuts

Associated Press  

BRUSSELS — Natural gas storage levels in the European Union stand at nearly 84% and were higher in December than the average amount in reserve 4-6 years ago, the EU’s executive branch said Wednesday, despite Russian attempts to choke off supplies amid its war on Ukraine. Fearing winter shortages, the 27 EU countries began stocking up on gas last year. …

German leader focuses on energy, Ukraine in new year message
1 year, 11 months ago

German leader focuses on energy, Ukraine in new year message

Associated Press  

BERLIN — Chancellor Olaf Scholz is celebrating Germany’s progress in freeing itself from reliance on Russian gas, urging people to keep saving energy in the new year and vowing to keep up help for Ukraine. Scholz’s televised new year message, the text of which was released by his office before its broadcast Saturday, focused squarely on the effects of Russia’s …

Europe urged to save natural gas to avoid shortage next year
2 years, 1 month ago

Europe urged to save natural gas to avoid shortage next year

Associated Press  

FRANKFURT, Germany — Europe could face a severe natural gas shortage next year and needs to act now to reduce use, the International Energy Agency said in a report Thursday, warning against complacency in an energy crisis triggered by Russia’s war in Ukraine after countries were able to build up storage of the fuel to heat homes and generate electricity …

Gas crunch eases in Europe — but the respite might not last
2 years, 1 month ago

Gas crunch eases in Europe — but the respite might not last

Associated Press  

FRANKFURT, Germany — Natural gas and electricity prices in Europe have plunged from summer peaks thanks to mild weather and a monthslong scramble to fill gas storage ahead of winter and replace Russian supplies during the war in Ukraine. The good news is natural gas prices on Europe’s TTF benchmark fell on Monday below 100 euros per megawatt-hour for the …

German government: Economy to shrink in 2023 as war bites
2 years, 2 months ago

German government: Economy to shrink in 2023 as war bites

Associated Press  

BERLIN — The German government on Wednesday slashed its growth forecast for this year and predicted that Europe’s biggest economy would shrink in 2023 as it deals with the fallout from Russia’s war in Ukraine, including Moscow cutting off natural gas supplies. Habeck said that despite the grim growth projections, employment would likely remain “robust.” Russian imports once accounted for …

Germans warned: Gas use is too high to avoid energy crisis
2 years, 2 months ago

Germans warned: Gas use is too high to avoid energy crisis

Associated Press  

BERLIN — Germans are using too much gas to avoid a potential energy “emergency” this winter, the head of Germany’s national network regulator warned Thursday. “Gas consumption increased by too much last week,” said Klaus Mueller, head of Germany’s network agency. With the reduction in natural gas flows from Russia amid the war in Ukraine, German officials have urged citizens …

Europe scrambling to cope with energy crisis as winter approaches
2 years, 2 months ago

Europe scrambling to cope with energy crisis as winter approaches

The Hindu  

Published : Oct 06, 2022 09:55 IST Travelling through Germany and Slovenia at the end of August, I found it hard to see the effects of the worst energy crisis that Europe has been undergoing in recent years—a combination of the effect of Russia ceasing gas supplies and the worst drought the continent has faced in 500 years. As one …

Infographic: Does Europe have enough gas for winter?
2 years, 2 months ago

Infographic: Does Europe have enough gas for winter?

Al Jazeera  

With weeks until temperatures drop, European Union gas storage is almost 90 percent full, a level 15 percent higher than last year. Gas storage in Europe The EU is storing 15 percent more gas now than at the same time last year. Countries that do not have storage facilities will need to store 15 percent of their annual domestic gas …

German gas price plan exposes EU divisions over energy
2 years, 2 months ago

German gas price plan exposes EU divisions over energy

Associated Press  

BRUSSELS — Germany’s plan to spend billions of euros to help keep gas prices low for its consumers and businesses has received a tepid welcome from fellow European Union members, with some worrying that the measure could exacerbate the energy crisis. With a recession looming, Chancellor Olaf Scholz said last week that his government would spend up to 200 billion …

How bad could Europe’s energy crisis get this winter?
2 years, 2 months ago

How bad could Europe’s energy crisis get this winter?

Al Jazeera  

Gas prices have reached record highs in Europe, and supplies are running low, stoking fears for the coming winter. “Europe doesn’t have any supply of natural resources,” Adam Pankratz, a professor at the University of British Columbia’s Sauder School of Business, told Al Jazeera. However, the stability of the continent depends on having a relatively “normal” winter because if temperatures …

Experts: Europe faces ‘unprecedented risk’ of a gas shortage
2 years, 2 months ago

Experts: Europe faces ‘unprecedented risk’ of a gas shortage

Associated Press  

Europe faces “unprecedented risks” to its natural gas supplies this winter after Russia cut off most pipeline shipments, the International Energy Agency said Monday, warning that European nations could wind up competing with Asia for already scarce and expensive liquid gas that comes by ship. The Paris-based IEA said in its quarterly gas report that the European Union’s 27 countries …

Germany: Recession clouds gather in Europe's largest economy
2 years, 2 months ago

Germany: Recession clouds gather in Europe's largest economy

Firstpost  

Germany’s key future indicator, the IFO survey of business confidence, pointed down for the fourth month in a row as high inflation fed by astronomical natural gas prices undermines consumer pricing power and imposes heavy costs on businesses Frankfurt: Europe’s largest economy is sending recession signals. Germany’s key future indicator, the IFO survey of business confidence, pointed down for the …

Winter of 2022 is a challenge for Germany because of gas shortage: Berlin India scholar
2 years, 3 months ago

Winter of 2022 is a challenge for Germany because of gas shortage: Berlin India scholar

The Hindu  

The war in Ukraine has affected German economy like other major economies of the world but the situation is expected to worsen in the coming months as the energy sector is facing a crunch, said a leading German historian of modern industry and economy. In an exclusive interview to The Hindu, Berlin-based Dr. Stefan Tetzlaff, who is an advisor to …

Scholz: Germany well-placed on energy to get through winter
2 years, 3 months ago

Scholz: Germany well-placed on energy to get through winter

Associated Press  

BERLIN — Germany is well-placed to get through this winter with enough energy thanks to efforts to shore up supplies in the face of Russian gas delivery cuts, Chancellor Olaf Scholz said Wednesday, dismissing criticism from the opposition. Center-right opposition leader Friedrich Merz charged in parliament that Scholz’s three-party coalition lacks any “strategic thinking” and assailed a decision this week …

Explained: Europe's looming energy crisis as Russia chokes gas supply
2 years, 3 months ago

Explained: Europe's looming energy crisis as Russia chokes gas supply

Firstpost  

With the halt in the Nord Stream 1 pipeline, Russian gas shipments have fallen 89 per cent from a year ago. Russia used to supply 40 per cent of Europe’s natural gas, and even more to Germany, where inexpensive energy was a pillar of the economy. There’s still some Russian gas flowing to Europe through a pipeline passing through Ukraine …

Putin threatens to ‘freeze’ Europe with total energy cut-off
2 years, 3 months ago

Putin threatens to ‘freeze’ Europe with total energy cut-off

The Telegraph  

Vladimir Putin has threatened to “freeze” Europe with a total shutdown of energy supplies if Brussels presses ahead with a price cap on Russian gas. “No gas, no oil, no coal, no fuel oil, nothing.” The European Commission is to ask countries to approve a broad cap on the price of Russian gas alongside mandatory cuts in electricity use, and …

E.U. ready if Russia turns off gas supplies, says economy commissioner Paolo Gentiloni
2 years, 3 months ago

E.U. ready if Russia turns off gas supplies, says economy commissioner Paolo Gentiloni

The Hindu  

Economy Commissioner Paolo Gentiloni said September 3 that the European Union was "well prepared" in the event of a total halt in Russian gas deliveries, thanks to storage capacity and energy-saving measures. Russian gas giant Gazprom said on September 2 that the Nord Stream pipeline linking Russia to northern Germany, which was due to resume service on September 3 after …

EU Ready if Russia Turns Off Gas Supplies, Says Paolo Gentiloni
2 years, 3 months ago

EU Ready if Russia Turns Off Gas Supplies, Says Paolo Gentiloni

News 18  

EU Economy Commissioner Paolo Gentiloni said Saturday that the European Union was “well prepared” in the event of a total halt in Russian gas deliveries, thanks to storage capacity and energy-saving measures. “We are well prepared to resist Russia’s extreme use of the gas weapon,” he told reporters on the sidelines of an economic forum organised by The European House …

Russia halts Nord Stream 1 gas flow to Europe again
2 years, 3 months ago

Russia halts Nord Stream 1 gas flow to Europe again

Al Jazeera  

Russia has denied halting gas flows in retaliation for Western sanctions on Moscow over the invasion of Ukraine. Russia’s state-owned energy giant Gazprom has again suspended gas deliveries on the arterial Nord Stream 1 pipeline to Germany, citing maintenance requirements. Gazprom said on Wednesday that supplies via Nord Stream 1 were “completely stopped” for “preventive work” at a compressor unit. …

Europe braces for Russia gas disruption this week
2 years, 3 months ago

Europe braces for Russia gas disruption this week

Live Mint  

Russia will shut its key Nord Stream natural-gas pipeline Wednesday for maintenance, leaving Europe guessing again about whether supplies will restart, as temperatures fall and demand for the fuel grows. Even if Nord Stream reopens Saturday as promised by Russian gas giant Gazprom PJSC, few Western politicians and economists think Europe will receive enough Russian natural gas next year because …

German gas storage 80% full, progresses despite Russian cuts
2 years, 4 months ago

German gas storage 80% full, progresses despite Russian cuts

Associated Press  

BERLIN — Germany’s natural gas storage facilities are now more than 80% full, showing steady progress despite a drastic reduction in deliveries from Russia amid the war in Ukraine. The head of Germany’s network regulator, Klaus Mueller, tweeted that storage is “being filled steadily” but cautioned that a planned three-day halt to deliveries through the Nord Stream 1 pipeline from …

Germany will run out of gas in three months if Putin turns off taps
2 years, 4 months ago

Germany will run out of gas in three months if Putin turns off taps

The Telegraph  

Germany has warned it will run out of gas in less than three months if Putin cuts off supplies completely. Even if Germany can meet its target of filling its inventories to 95pc by November, that would only last for about 2.5 months, the president of the country’s energy regulator said. It came as German utility Uniper crashed to a …

Germans urged to cap heat in offices this winter to save gas
2 years, 4 months ago

Germans urged to cap heat in offices this winter to save gas

Associated Press  

BERLIN — German businesses and public institutions should heat their offices no higher than 19 degrees Celsius this winter to help reduce the country’s consumption of natural gas, Germany’s economy minister said Saturday. Germany, the European Union’s biggest economy, is quickly trying to wean itself off using natural gas from Russia in response to Moscow’s attack on Ukraine. Russia has …

Russia cuts gas flow to Europe through Nord Stream 1 to 20% of capacity
2 years, 4 months ago

Russia cuts gas flow to Europe through Nord Stream 1 to 20% of capacity

The Hindu  

Russia’s Gazprom on July 27 halved the amount of natural gas flowing through a major pipeline from Russia to Europe to 20% of capacity. It’s the latest Nord Stream 1 reduction that Russia has blamed on technical problems but Germany calls a political move to sow uncertainty and push up prices amid the war in Ukraine. Natural gas prices have …

Russia cuts gas through Nord Stream 1 to 20% of capacity
2 years, 4 months ago

Russia cuts gas through Nord Stream 1 to 20% of capacity

Associated Press  

BERLIN — Russia’s Gazprom on Wednesday halved the amount of natural gas flowing through a major pipeline from Russia to Europe to 20% of capacity. It’s the latest Nord Stream 1 reduction that Russia has blamed on technical problems but Germany calls a political move to sow uncertainty and push up prices amid the war in Ukraine. Soaring energy prices …

German government agrees on bailout for energy supplier
2 years, 5 months ago

German government agrees on bailout for energy supplier

Associated Press  

BERLIN — The German government will take a roughly 30% stake in energy supplier Uniper as part of a rescue package prompted by surging prices for natural gas and reduced Russian deliveries, the company and Chancellor Olaf Scholz said Friday. That is a very, very big chunk, so it’s clear you can imagine that there would have been practically no …

Key Russia-Europe gas pipeline reopens but outlook unclear
2 years, 5 months ago

Key Russia-Europe gas pipeline reopens but outlook unclear

Associated Press  

BERLIN — Natural gas started flowing through a major pipeline from Russia to Europe on Thursday after a 10-day shutdown for maintenance — but the gas flow remained well short of full capacity and the outlook was uncertain, which leaves Europe still facing the prospect of a hard winter. “We must save more to get through the next two winters …

Key gas pipeline from Russia to Europe restarts after break, but only at 30% capacity
2 years, 5 months ago

Key gas pipeline from Russia to Europe restarts after break, but only at 30% capacity

Firstpost  

The Nord Stream 1 pipeline under the Baltic Sea to Germany had been closed since 11 July for annual maintenance work Berlin: Natural gas started flowing through a major pipeline from Russia to Europe on Thursday after a 10-day shutdown for maintenance, the operator said. The head of Germany’s network regulator, Klaus Mueller, said Russia’s Gazprom had notified deliveries Thursday …

Russia Resumes 'Unstable' Gas Supplies to Europe via Nord Stream
2 years, 5 months ago

Russia Resumes 'Unstable' Gas Supplies to Europe via Nord Stream

News 18  

Russia on Thursday restored critical gas supplies to Europe through Germany via the Nord Stream pipeline after 10 days of maintenance, but uncertainty lingered over whether the Kremlin would still trigger an energy crisis on the continent this winter. Germany, which is heavily dependent on Russian gas, had feared that Moscow would not reopen the pipeline after the scheduled work …

Gas starts flowing from Russia to Europe again after break, but shutoff fears remain
2 years, 5 months ago

Gas starts flowing from Russia to Europe again after break, but shutoff fears remain

LA Times  

Gas has started flowing again to Europe from Russia after a maintenance shutdown, despite fears that Moscow would cut off supplies. But the gas deliveries that were arriving still weren’t enough to resolve Europe’s energy crisis, and officials suspect that Russia is likely to disrupt supplies further. “We must save more to get through the next two winters well.” Russia’s …

Brussels asks EU member states to slash gas use by 15%
2 years, 5 months ago

Brussels asks EU member states to slash gas use by 15%

Al Jazeera  

The European Commission has asked European Union member states to slash their gas use by 15 percent over the coming months to ensure that a complete cutoff of natural gas supplies by Russia to the 27-nation bloc will not fundamentally disrupt industries next winter. And therefore, in any event, whether it’s a partial major cutoff of Russian gas or total …

Economics of war: Pain for Europe now, later for Russia
2 years, 5 months ago

Economics of war: Pain for Europe now, later for Russia

Associated Press  

Across Europe, signs of distress are multiplying as Russia’s war in Ukraine drags on. Meanwhile, high energy costs fueled by the war are benefiting Russia, a major oil and natural gas exporter whose agile central bank and years of experience living with sanctions have stabilized the ruble and inflation despite economic isolation. Molkerei Berchtesgadener Land, a large dairy cooperative in …

Germany to stop buying Russian coal on Aug 1, oil on Dec 31
2 years, 5 months ago

Germany to stop buying Russian coal on Aug 1, oil on Dec 31

The Hindu  

Germany will completely stop buying Russian coal on August 1 and Russian oil on December 31, marking a major shift in the source of the country's energy supply, deputy finance minister Joerg Kukies said at a conference in Sydney. The key challenge ahead will be filling the huge gap that will be left when the European Union weans itself off …

The doomsday scenario of a winter without Russian gas
2 years, 5 months ago

The doomsday scenario of a winter without Russian gas

The Telegraph  

Stretching for 760 miles through the Baltic Sea between western Russia and north-east Germany, the Nord Stream 1 pipeline has supplied gas to Europe for more than a decade. “Whether or not Russia will resume gas exports to Germany after the maintenance period of Nord Stream is going to be defining for the continent’s energy, economic and political future.” How …

Gas pipeline shutdown starts amid German suspicion of Russia
2 years, 5 months ago

Gas pipeline shutdown starts amid German suspicion of Russia

Associated Press  

BERLIN — A major natural gas pipeline from Russia to western Europe shut down Monday for annual maintenance as Germany prepared to give the green light for 10 coal-fired power plants to restart because of concerns that Russia may not resume the flow of gas as scheduled. German Vice Chancellor Robert Habeck has said he suspects that Russia may cite …

Canada to release equipment for Russia-Germany gas pipeline
2 years, 5 months ago

Canada to release equipment for Russia-Germany gas pipeline

Associated Press  

BERLIN — The Canadian government says it will allow the delivery to Germany of equipment from a key Russia-Europe natural gas pipeline that has undergone maintenance — equipment the absence of which Russia’s Gazprom cited last month as a reason for more than halving the flow of gas. Canada’s minister of natural resources, Jonathan Wilkinson, said in a statement late …

EXPLAINER: Fears of a natural gas emergency stalk Europe
2 years, 5 months ago

EXPLAINER: Fears of a natural gas emergency stalk Europe

Associated Press  

It’s not a summer heat wave that’s making European leaders and businesses sweat. European Commission President Ursula von der Leyen warned Wednesday that countries and industry need to be ready in case Russia completely cuts off already limited natural gas supplies. Russia has already reduced gas supplies to a dozen EU countries, including Germany, the 27-country bloc’s biggest economy, that …

Germany sees possible Russian ‘blockade’ of key gas pipeline
2 years, 5 months ago

Germany sees possible Russian ‘blockade’ of key gas pipeline

Associated Press  

BERLIN — Germany’s vice chancellor said Thursday he suspects that Russia may not resume natural gas deliveries to Europe through the Nord Stream 1 pipeline after planned maintenance work in July, complicating the outlook for this winter. Russian state-owned energy giant Gazprom has blamed a technical problem for the reduction in gas flowing through Nord Stream 1, which runs under …

Germany faces natural gas ‘crisis,’ raises warning level
2 years, 6 months ago

Germany faces natural gas ‘crisis,’ raises warning level

Associated Press  

BERLIN — Germany activated the second phase of its three-stage emergency plan for natural gas supplies Thursday, warning that Europe’s biggest economy faces a “crisis” and storage targets for the winter are at risk after Russia reduced energy deliveries to several countries. The government said the decision follows cuts Russia made to natural gas flows starting last week and surging …

Germany faces gas supply 'crisis,' declares alarm level
2 years, 6 months ago

Germany faces gas supply 'crisis,' declares alarm level

The Hindu  

Germany activated the second phase of its three-stage emergency plan for natural gas supplies on Thursday, saying Europe's biggest economy faces a “crisis” and warning that storage targets for the winter are at risk due to dwindling deliveries from Russia. The government said the decision to raise the level to “alarm” follows the cuts to Russian gas flows made since …

Germany moves closer to rationing gas as Russia cuts supply
2 years, 6 months ago

Germany moves closer to rationing gas as Russia cuts supply

Al Jazeera  

German economy minister says the step reflected the ‘significant deterioration of the gas supply situation’. Triggering the second “alarm” level under its action plan brings Germany a step closer to the third and final stage that could see gas rationing in Europe’s top economy. Russia was using gas “as a weapon” against Germany in retaliation for the West’s support for …

Germany faces gas supply ‘crisis,’ declares alarm level
2 years, 6 months ago

Germany faces gas supply ‘crisis,’ declares alarm level

India TV News  

Highlights The decision to raise the level to “alarm” follows the cuts to Russian deliveries made since June 14 It also follows the continued high market price for gas “Even if we can’t feel it yet: we are in a gas crisis,” Economy Minister Robert Habeck said Germany activated the second phase of its three-stage emergency plan for natural gas …

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