Russia hits back at accusations over gas supplies

Must read

Morgan Stanley slashes its U.S. housing market outlook—where it sees the home price correction going in 2023

On a national basis, home prices fell 1.3% between June and August. That marked the first decline measured by the lagged Case-Shiller National Home...

When will Netflix shutter its DVD mail service? It’s a matter of when, not if.

Netflix’s trailblazing DVD-by-mail rental service has been relegated as a relic in the age of video streaming, but there is still a steady —...

Europeans furious about Joe Biden’s Inflation Reduction Act are threatening a trade spat: ‘Nobody wants to get into a tit-for-tat’

The European Union and the United States are treading precariously close to a major trans-Atlantic trade dispute at a time when the two Western giants...

New Jersey could kill up to 2.4 million trees in one of the state’s environmental treasures—but officials say they’re just scrawny shrubs

Up to 2.4 million trees would be cut down as part of a project to prevent major wildfires in a federally protected New Jersey...

Pipeline gas flow reduction is down to maintenance issues, and there is no hidden agenda, says Kremlin spokesman Dmitry Peskov

Russia has earned a reputation as a reliable energy supplier which “strictly fulfils all its obligations,” Kremlin spokesman Dmitry Peskov said on Thursday.

He was responding to Germany’s claim that the reduction of natural gas supplies through the Nord Stream pipeline is an “economic attack” on Europe.

According to Peskov, Berlin had been informed about the “service cycles” of the Nord Stream 1 gas pipeline, which is due to undergo a planned annual maintenance from July 11 to July 21.

“There is a certain maintenance schedule… It is better to receive information regarding this directly from Gazprom. But I repeat once again: Russia has been and remains a very, very reliable supplier of energy to Europe,” Peskov said during a daily conference call with reporters, adding that the German side was aware of all the details.

Last week, gas flows through the undersea pipeline from Russia to Germany were cut by as much as 60%. Russian energy giant Gazprom said this was due to technical issues arising from Western sanctions against Moscow.

According to Gazprom, German equipment supplier Siemens Energy failed to return gas pumping units to a compressor station on time. The repaired turbines for North Stream are currently stuck at a maintenance facility in Canada, due to Ottawa’s sanctions on Russia. Siemens has said Germany and Canada are seeking a solution.

Aside from technical issues, Gazprom has cut gas exports to Finland, Poland, Bulgaria, and several EU energy companies after they refused to comply with Moscow’s demand to pay in rubles.

Some EU leaders have accused Russia of “blackmailing” the bloc with its oil and gas exports, and have blamed Moscow for soaring energy prices. The Kremlin has rejected the claims, laying the blame on EU policies.

For more stories on economy & finance visit RT’s business section

More articles

Latest article

Morgan Stanley slashes its U.S. housing market outlook—where it sees the home price correction going in 2023

On a national basis, home prices fell 1.3% between June and August. That marked the first decline measured by the lagged Case-Shiller National Home...

When will Netflix shutter its DVD mail service? It’s a matter of when, not if.

Netflix’s trailblazing DVD-by-mail rental service has been relegated as a relic in the age of video streaming, but there is still a steady —...

Europeans furious about Joe Biden’s Inflation Reduction Act are threatening a trade spat: ‘Nobody wants to get into a tit-for-tat’

The European Union and the United States are treading precariously close to a major trans-Atlantic trade dispute at a time when the two Western giants...

New Jersey could kill up to 2.4 million trees in one of the state’s environmental treasures—but officials say they’re just scrawny shrubs

Up to 2.4 million trees would be cut down as part of a project to prevent major wildfires in a federally protected New Jersey...

Finland to return sanctioned Russian property

Several hundred Russian...