Gazprom will be able to supply only 67 mcm of gas through Nord Stream 1

From June 16, 2022, Russia's Gazprom will be able to supply a maximum of 67 mcm of natural gas to Europe via Nord Stream 1. This was reported by Gazprom's press service. The reduction in maximum supply capacity is due to the shutdown of another Siemens turbine at the Portova CS.

"Due to the expiration of the overhaul period before the overhaul (in accordance with the order of Rostechnadzor and taking into account the technical condition of the engine), Gazprom will suspend operation of another Siemens gas turbine engine at Portova CS," Gazprom said in a statement.

Thus, Gazprom continues to reduce gas supplies to Europe. It is unknown at this time whether the lost volumes will be replaced by other routes. However, as reported by ExPro, Gazprom has cut gas supplies to Italy's Eni by 15%.

The Russian company has the opportunity to increase gas supplies through the Ukrainian GTS, which is used by only 40% of the reserved capacity, at no extra charge.