Russia's Gazprom tells Europe gas halt beyond its control

[Chris]

Russia's Gazprom tells Europe gas halt beyond its control
The EU, which has imposed sanctions on Russia, aims to stop using Russian fossil fuels by 2027 but wants supplies to continue for now.
By REUTERS
Published: JULY 18, 2022

Russia's Gazprom has told customers in Europe it cannot guarantee gas supplies because of 'extraordinary' circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat with the West over Moscow's invasion of Ukraine. Dated July 14, the letter from the Russian state gas monopoly, said it was declaring force majeure on supplies, starting from June 14.

Known as an 'act of God' clause, force majeure is standard in business contracts and spells out extreme circumstances that excuse a party from their legal obligations. Gazprom's GAZP.MM had no immediate comment. Uniper, Germany's biggest importer of Russian gas, was among the customers who said they had received a letter, and that it had formally rejected the claim as unjustified.

more............. https://www.jpost.com/international/article-712435

 

[Armor of Light]

I know very little German , what is the word for "Duh" ?

 

[DanLMP]

I know very little German , what is the word for "Duh" ?

offensichtlich​

Which translates to "obviously", duh.

 

[YallNeedJesus]

This is a huge escalation. Germany (and Europe as a whole) is in big trouble this fall and winter.

 

[GHoe]

I know very little German , what is the word for "Duh" ?

That is so 2022 right ?

Germany / EU - "We are going to stop using your gas Russia" (that'll teach em)

Gazprom - "ok, you're cut off'

Germany / EU - "You can't do that"

I think the phrase, "you've made tour bed, now you can sleep in it" needed to be typed on the bottom of the memo.

 

[Tall Timbers]

This is a huge escalation. Germany (and Europe as a whole) is in big trouble this fall and winter.

You reap what you sow. Right now the west is reaping a lot of difficulties (by design)

 

[jeanie]

And yet Gazprom is making a deal with Iran..hmm

 

[Tall Timbers]

And yet Gazprom is making a deal with Iran..hmm

Gazprom maybe has had the decision as to whether or not to supply Europe taken from them by Putin.