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Gazprom tightens gas squeeze on France's Engie amid dispute over contracts

Engie says Gazprom to further reduce supplies from Tuesday; Moscow using gas as a 'weapon of war', says France

Gazprom, oil
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Europe is already on notice that Gazprom will shut off the Nord Stream 1 gas pipeline to Germany from Aug. 31 to Sept. 2 for maintenance, and there is some concern that Moscow, which has cut the pipeline's supply to just 20% of capacity, may step up pressure by delaying the restart.

Reuters Paris
Russia's Gazprom will further squeeze gas deliveries to Engie, one its main European utilities, from Tuesday in a dispute over contracts, deepening concerns about Europe's winter energy supply.
 
Europe is already on notice that Gazprom will shut off the Nord Stream 1 gas pipeline to Germany from Aug. 31 to Sept. 2 for maintenance, and there is some concern that Moscow, which has cut the pipeline's supply to just 20% of capacity, may step up pressure by delaying the restart.
 
In its statement, Engie, which holds a 9% stake in Nord Stream, gave no details on the nature of its

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First Published: Aug 30 2022 | 5:49 PM IST

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