Europe is already on notice that Gazprom will shut off the Nord Stream 1 gas pipeline to Germany from August 31 to September 2 for maintenance. (file photo)
Politico: Gazprom cuts gas deliveries to France’s Engie
The company did not specify the reason for the dispute, but did say it ‘had already secured the volumes necessary to meet its commitment towards its customers.’
French utility Engie announced that Russian energy giant Gazprom will reduce gas deliveries as of today over a contract disagreement.
The company did not specify the reason for the dispute, but did say it “had already secured the volumes necessary to meet its commitment towards its customers and its own requirements,” adding that measures were in place to reduce the potential “financial and physical impacts” of the disruption.
Emmanuelle Wargon, the head of France's energy regulatory commission, said today that the agency is “not too worried” about the supply squeeze, saying French gas reserves are now 91 percent full and should be entirely filled by the end of September or the beginning of October.
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WNU Editor: Energy prices are already sky-high in France. This interruption will only push prices higher.
Gazprom Cuts French Natural Gas Supplies Over A Contract Dispute
Gazprom cuts gas supplies to France as winter energy crisis looms -- Reuters
Russia's Gazprom Further Cuts Gas Deliveries To France -- AFP
Gazprom To Further Reduce Gas Deliveries To France's Engie -- RFE
Gazprom To Slash NatGas Deliveries To France's Top Utility As Squeeze Worsens -- Zero Hedge
Russia's Gazprom is cutting gas supply to a top French utility after France's leader warns of rationing -- Market Insider
Engie: Gazprom to Slash Gas Deliveries Over Contract Disagreements -- UK Investing