London Daily

Focus on the big picture.
Sunday, Mar 01, 2026

Germans urged to use less energy after Russia cuts gas supply and prices surge

Germans urged to use less energy after Russia cuts gas supply and prices surge

Germany has accused Russia of trying to push up gas prices by cutting supplies.

Germans have been urged to save energy after Russia's Gazprom announced significant cuts in natural gas supplies via a key pipeline.

Gazprom, which is state-owned, announced a 40% reduction in gas flows to Germany through the Nord Stream 1 pipeline on Tuesday.

On Wednesday the cut was increased to 60%.

Kremlin spokesperson Dmitry Peskov said reductions in supply were not premeditated and related to maintenance issues.

Gazprom said it had been unable to secure the return of equipment sent to Canada for repairs due to sanctions the country imposed over the war in Ukraine.

Russia's ambassador to the EU told state news agency RIA Novosti more delays could lead to flows via the pipeline being completely suspended.

Gazprom chief executive Alexei Miller said he could see no solution to the equipment problem affecting the Portovaya compressor station, which is part of the pipeline.

Germany said maintenance should not have been a problem until the autumn, calling Russia's excuse "unfounded".

Putin 'is doing what was feared'


It accused Russia of trying to push up gas prices and create uncertainty.

Dutch wholesale gas prices, the European benchmark, surged about 30% on Thursday afternoon in response to the news.

Russian President Vladimir Putin "is doing what was to be feared from the beginning: he is reducing the volume of gas, not in one go but step by step", German Vice-Chancellor Robert Habeck said.

He pointed to earlier Russian decisions to cut supplies to Bulgaria, Denmark and others.

Mr Habeck, who had already launched a campaign for people to save energy last week, drove home the message after Gazprom's announcements.

"Gas is coming to Europe - we have no supply problem, but the volumes of gas must be acquired on the market and it will get more expensive," he said.

He added the government has implemented a law requiring gas storage to be filled and is prepared.

He applauded Germans for their willingness to save energy.

"Now is the time to do so," he said. "Every kilowatt hour helps in this situation. It is a situation that is serious, but not a situation that endangers supply security in Germany."

Germany is not the only one facing falling Russian supplies.

Austria's OMV said Gazprom notified it of reduced deliveries, while France's Engie said flows were down but clients were not affected.

Italy's Eni said it would receive only 65% of the volumes it had requested from the company due to the issues at Portovaya.

The Italian government said it has drawn up contingency plans in case gas supply cuts continue in the days ahead.

Newsletter

Related Articles

0:00
0:00
Close
When the State Replaces the Parent: How Gender Policy Is Redefining Custody and Coercion
Bill Clinton Denies Knowing Woman in Hot Tub Photo During Closed-Door Epstein Deposition
Former U.S. President Bill Clinton Testifies on Ties to Jeffrey Epstein Before Congressional Oversight Committee
Dyson Reaches Settlement in Landmark UK Forced Labour Case
Barclays and Jefferies Shares Fall After UK Mortgage Lender Collapse Rekindles Credit Market Concerns
Play Exploring Donald Trump’s Rise to Power by ‘Lehman Trilogy’ Author to Premiere in the UK
Man Arrested After Churchill Statue Defaced in Central London
Keir Starmer Faces Political Setback as Labour Finishes Third in High-Profile By-Election
UK Assisted Dying Bill Set to Fall Short in Parliament as Regional Initiatives Gain Ground
UK Defence Ministry Clarifies Position After Reports of Imminent Helicopter Contract
Independent Left-Wing Plumber Secures Shock Victory as Greens Surge in UK By-Election
Reform UK Refers Alleged ‘Family Voting’ Incidents in By-Election to Police
United Kingdom Temporarily Withdraws Embassy Staff from Iran Amid Heightened Regional Tensions
UK Government Reaches Framework Agreement on Release of Mandelson Vetting Files
UK Police Contracts With Israeli Surveillance Firms Spark Debate Over Ethics and Oversight
United Airlines Passenger Hears Cockpit Conversations After Accessing In-Flight Audio Channel
Spain to Conduct Border Checks on Gibraltar Arrivals Under New Post-Brexit Framework
Engie Shares Jump After $14 Billion Agreement to Acquire UK Power Grid Assets
BNP Paribas Overtakes Goldman Sachs in UK Investment Banking League Tables
Geothermal Project to Power Ten Thousand Homes Marks UK Renewable Energy Milestone
UK Visa Grants Drop Nineteen Percent in 2025 as Migration Controls Tighten
Barclays and Jefferies Among Banks Exposed to Collapse of UK Mortgage Lender MFS
UK Asylum Applications Edge Down in 2025 Despite Rise in Small Boat Crossings
Jefferies Reports Significant Exposure After Collapse of UK Lender MFS
FTSE 100 Reaches Fresh Record Highs as Major Share Buybacks and Earnings Lift London Stocks
So, what's happened is, I think, government policy, not just under Labour, but under the Conservatives as well, has driven a lot of small landlords out of business.
Larry Summers, the former U.S. Treasury Secretary, is resigning from Harvard University as fallout continues over his ties to Jeffrey Epstein.
U.S. stocks ended higher on Wednesday, with the Dow gaining about six-tenths of a percent, the S&P 500 adding eight-tenths of a percent, and the tech-heavy Nasdaq climbing roughly one-and-a-quarter percent.
From fears of AI-fuelled unemployment to Big Tech's record investment, this is AI Weekly.
Apple just dropped iOS 26.4.
US Lawmakers Seek Briefing from UK Over Reported Encryption Order Directed at Apple
UK Business Secretary Calls on EU to Remove Trade Barriers Hindering Growth
Legal Pathways for Removing Prince Andrew from Britain’s Line of Succession Examined
PM Netanyahu welcome India PM Narendra Modi to Israel
Shadow Diplomacy: How Harry and Meghan’s Jordan Trip Undermines the Monarchy
Sir Jim Ratcliffe, co-owner of Manchester United, comments on immigration in the UK.
Bill Gates, the UN and the WEF are attempting to construct "a giant digital gulag for all of humanity" via digital ID, CBDCs and vaccine passport infrastructure.
Britain’s Channel Crisis: Paying Billions While the Boats Keep Coming
Downing Street’s Veteran Deception Scandal
UK HealthCare Expands ‘Food as Health’ Initiative Statewide to Tackle Chronic Illness in Kentucky
Leonardo Chief Says UK Set to Decide on New Medium Helicopter Programme
UK Slows Chagos Islands Agreement After Concerns Raised in Washington
European and UK Stock Markets Reach Fresh Highs as Banks and Miners Lead Rally
UK Government Insists Chagos Islands Negotiations Continue After Minister’s ‘Pause’ Remark
No Confirmed Deal for Engie to Acquire UK Power Networks Amid Market Speculation
UK Reaffirms Updated Entry Requirements for Travellers as of February 25, 2026
General Atlantic to sell equity stake in ByteDance, valuing the company at $550 billion
German Chancellor Friedrich Merz Secures Pledge from China for Greater Imports of Quality Goods
Lord Mandelson Condemns Arrest as Driven by ‘Baseless Suggestion’ He Would Flee Abroad
Former UK Ambassador Released on Bail Following Arrest in Epstein-Linked Investigation
×