Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Germans urged to use less energy after Russia cuts gas supply and prices surge

Germans urged to use less energy after Russia cuts gas supply and prices surge

Germany has accused Russia of trying to push up gas prices by cutting supplies.

Germans have been urged to save energy after Russia's Gazprom announced significant cuts in natural gas supplies via a key pipeline.

Gazprom, which is state-owned, announced a 40% reduction in gas flows to Germany through the Nord Stream 1 pipeline on Tuesday.

On Wednesday the cut was increased to 60%.

Kremlin spokesperson Dmitry Peskov said reductions in supply were not premeditated and related to maintenance issues.

Gazprom said it had been unable to secure the return of equipment sent to Canada for repairs due to sanctions the country imposed over the war in Ukraine.

Russia's ambassador to the EU told state news agency RIA Novosti more delays could lead to flows via the pipeline being completely suspended.

Gazprom chief executive Alexei Miller said he could see no solution to the equipment problem affecting the Portovaya compressor station, which is part of the pipeline.

Germany said maintenance should not have been a problem until the autumn, calling Russia's excuse "unfounded".

Putin 'is doing what was feared'


It accused Russia of trying to push up gas prices and create uncertainty.

Dutch wholesale gas prices, the European benchmark, surged about 30% on Thursday afternoon in response to the news.

Russian President Vladimir Putin "is doing what was to be feared from the beginning: he is reducing the volume of gas, not in one go but step by step", German Vice-Chancellor Robert Habeck said.

He pointed to earlier Russian decisions to cut supplies to Bulgaria, Denmark and others.

Mr Habeck, who had already launched a campaign for people to save energy last week, drove home the message after Gazprom's announcements.

"Gas is coming to Europe - we have no supply problem, but the volumes of gas must be acquired on the market and it will get more expensive," he said.

He added the government has implemented a law requiring gas storage to be filled and is prepared.

He applauded Germans for their willingness to save energy.

"Now is the time to do so," he said. "Every kilowatt hour helps in this situation. It is a situation that is serious, but not a situation that endangers supply security in Germany."

Germany is not the only one facing falling Russian supplies.

Austria's OMV said Gazprom notified it of reduced deliveries, while France's Engie said flows were down but clients were not affected.

Italy's Eni said it would receive only 65% of the volumes it had requested from the company due to the issues at Portovaya.

The Italian government said it has drawn up contingency plans in case gas supply cuts continue in the days ahead.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
OpenAI CEO Sam Altman praises the rapid progress of Chinese tech companies.
Poland's President Karol Nawrocki ENDS support for Ukrainian citizens:
Italy's PM Giorgia Meloni highlights record employment and economic growth
Chancellor Friedrich Merz Re-elected as CDU Leader, Opposes AfD Influence
Trump Directs Government to Release UFO and Alien Information
Trump Signs Global 10% Tariffs on Imports
UK Government Considers Law to Remove Prince Andrew from Royal Line of Succession
Two teens arrested in France for alleged terror plot.
US Supreme Court Voids Trump’s Emergency Tariff Plan, Reshaping Trade Power and Fiscal Risk
Greek Prime Minister Kyriakos Mitsotakis advocates for a ban on minors using social media.
Meanwhile in Time Square, NYC One of the most famous landmarks
Jensen Huang just told the story of how Elon Musk became NVIDIA’s very first customer for their powerful AI supercomputer
Former British Prince Andrew Arrested on Suspicion of Misconduct in Public Office
Former President Yoon Suk Yeol Sentenced to Life in Prison for Abuse of Authority
Unitree Robotics founder Wang Xingxing showcases future robot deployment during Spring Festival Gala.
German Chancellor Friedrich Merz calls for real name use on social media.
Italian Police Arrest Man After Alleged Attempt to Abduct Toddler at Bergamo Supermarket, Child Hospitalised With Fractured Femur
British Tourist Arrested at Hong Kong Airport After Meltdown and Vandalism
European Commission Plans Purchase Incentives Limited to Vehicles Manufactured Largely in the EU
French District of Pas-de-Calais Introduces Immediate License Suspension for Drivers Using Mobile Phones
Volkswagen Targets €60 Billion in Cost Reductions as Sales Decline and Global Pressures Intensify
Eighty-Year-Old Lottery Winner Sentenced to 16.5 Years for Drug Trafficking
Rubio Calls for Sweeping U.N. Reform, Saying It Has Failed to End Wars in Gaza and Ukraine
10,000 Condoms Distributed at Winter Olympics 2026 Athlete Village Depleted Within 72 Hours
Poland's President Advocates for Evaluating Independent Nuclear Weapons Development
Mayor of Serdobsk in Russia’s Penza Region Resigns After Housing Certificates Granted to Migrant Family Trigger Public Outcry
China’s EV Makers Face Mandatory Return to Physical Buttons and Door Handles in Driver-Distraction Safety Overhaul
UK Green Party Considering Proposal to Legalize Heroin for an Inclusive Society
OpenAI and DeepCent Superintelligence Race: Artificial General Intelligence and AI Agents as a National Security Arms Race
We will protect them from the digital Wild West.’ Another country will ban social media for under-16s
Heineken announces cut of 6,000 jobs due to declining beer demand
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
Belgium: Man Charged with Rape After Faking Payment to Sex Worker
KPMG Urges Auditor to Relay AI Cost Savings
Canada Opens First Consulate in Greenland Amid Rising Geopolitical Tensions
China unveils plans for a 'Death Star' capable of launching missile strikes from space
Investigation Launched at Winter Olympics Over Ski Jumpers Injecting Hyaluronic Acid
U.S. State Department Issues Urgent Travel Warning for Citizens to Leave Iran Immediately
Wall Street Erases All Gains of 2026; Bitcoin Plummets 14% to $63,000
Eighty-one-year-old man in the United States fatally shoots Uber driver after scam threat
Political Censorship: French Prosecutors Raid Musk’s X Offices in Paris
AI Invented “Hot Springs” — Tourists Arrived and Were Shocked
France Begins Phasing Out Zoom and Microsoft Teams to Advance Digital Sovereignty
Tech Market Shifts and AI Investment Surge Drive Global Innovation and Layoffs
Global Shifts in War, Trade, Energy and Security Mark Major International Developments
Markets Jolt as AI Spending, US Policy Shifts, and Global Security Moves Drive New Volatility
Tesla Ends Model S and X Production and Sends $2 Billion to xAI as 2025 Revenue Declines
Starmer Signals UK Push for a More ‘Sophisticated’ Relationship With China in Talks With Xi
Shopping Chatbots Move From Advice to Checkout as Walmart Pushes Faster Than Amazon
The AI Hiring Doom Loop — Algorithmic Recruiting Filters Out Top Talent and Rewards Average or Fake Candidates
×