Germany's gas situation is tense and could worsen, regulator says
A general view of pipelines on the gas storage facility at the gas trading company VNG AG in Bad Lauchstaedt, Germany July 28, 2022. REUTERS/Annegret Hilse/File Photo
Germany's gas supply situation is currently guaranteed but the situation is tense and further deterioration cannot be ruled out, the country's network regulator said after Russia's Gazprom (GAZP.MM) extended an outage of the Nord Stream 1 pipeline.
Russia scrapped a Saturday deadline to resume flows via the pipeline, saying it had found an oil leak in a turbine during maintenance.
"The defects alleged by the Russian side are not a technical reason for the halt of operations," the regulator said in its daily gas situation report.
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