Russia’s Gazprom (GAZP.MM) is delivering as much gas to Europe as possible, according to Kremlin spokesperson Dmitry Peskov, who added that sanctions-related technical challenges with equipment were preventing Gazprom from shipping more.

Russia sent less gas to Europe on Wednesday, escalating an energy standoff between Moscow and the European Union, making it more difficult and expensive for the EU to fill storage ahead of the winter heating season.

The supply restriction, announced by Gazprom earlier this week, has decreased the capacity of the Nord Stream 1 pipeline, Russia’s main delivery route to Europe, to one-fifth of its capacity, as Russia stated another gas turbine required maintenance. 

“Gazprom delivers just what is required and achievable. We are aware that technical supply possibilities have now decreased “According to Peskov, European sanctions prevented the Nord Stream 1 equipment from being repaired on time.

Peskov stated that once maintenance is completed, Gazprom will be able to increase supplies. “Gazprom was and remains a reliable guarantor of all its obligations but it can not guarantee supplies if foreign equipment could not be serviced due to European sanctions,” he said.

Source: Reuters

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