Germany has activated 'alarm' level of its gas emergency sch...| MENAFN.COM

Wednesday, 29 June 2022 08:38 GMT

Germany has activated 'alarm' level of its gas emergency scheme


(MENAFN) The German government initiated the second "alarm" phase of its three-tiered emergency plan on Thursday, in response to potential delays in gas supply. It stated that the country is facing a gasoline crisis due to declining Russian supplies.

Russian gas shortages, according to Economy Minister Robert Habeck, are a "economic attack" by President Vladimir Putin on his country.

“We will defend ourselves against this. But our country is going to have to go down a stony path now,” he stated.

The implementation of these emergency measures follows Gazprom's decision last week to reduce natural gas supply to Germany by 60%. While Berlin condemned Gazprom's choice as "political," Moscow replied that "there is simply nothing to pump with," pointing out that Gazprom was unable to safely continue gas flow without a turbine that Siemens Energy had shipped to Canada for repair and had not returned. The equipment became blocked owing to economic restrictions placed by Ottawa on Russia.

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