22.06 Energy Freedom by Energy Club

Topic: Russia-EU Energy War: How Gazprom is blackmailing the EU with gas to launch Nord Stream 2

Another gas blackmail of the European Union by Russia's Gazprom to launch Nord Stream 2 (NSP2) is unfolding.

The chronology of events is as follows.

On June 14, Gazprom said that Nord Stream (PP1) gas pumping was reduced by 40% because of delayed repair of a German Siemens gas pumping unit carried out in Canada.

Germany asked Canada to return the unit to Gazprom.

But the very next day Gazprom said that because of the stoppage of another Siemens unit it would again reduce the pumping volumes.

As a result from the existing 167 million cubic meters per day, Gazprom supplies 67 million cubic meters per day via PP1. This is less than half of the pipeline capacity.

Gas TSO of Ukraine offered to replace the volumes of transit which are not pumped by PP1.

But already on June 16, Gazprom did not take shelter. The head of the monopoly Alexei Miller said that there would be no resumption of transit volumes in the near future: "there is no solution to the problem". And if the EU wants gas, it should launch BCP2.

On June 15th the European companies OMV from Austria, Eni from Italy and Uniper from Germany were notified by Gazprom that they would reduce the volume of their gas supplies despite their contractual obligations.

In the discussion, our experts will try to answer the following questions:

What does Russia want to achieve by this blackmail? What should Europeans do?

Energy Freedom by Energy Club - a discussion of professionals in the field of energy - representatives of government agencies, central authorities, people's deputies, representatives of Energy Club member companies and leading industry experts.

The talk show is hosted by Andriy Kulykov.

The online broadcast will take place on Facebook, YouTube and LinkedIn. Starts at 14:00.

(The list is being compiled)

Pavlo Klimkin, Minister of Foreign Affairs from 19 June 2014 until 29 August 2019
Oleksandr Chaly, diplomat, First Deputy Minister of Foreign Affairs of Ukraine (1998-2001), President of Grant Thornton Ukraine
Predrag Grujicic, Head of Gas unit at the Energy Community Secretariat
Willem Coppoolse, Energy Resources of Ukraine, Group Director
Inna Antipova, General Director of ENGIE Energy Management Ukraine
Costis Stambolis, Chairman and Executive Director at IENE - Institute of Energy for South - East Europe (invited)