Russia's Gazprom declares force majeure on some gas supplies to Europe | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
June 23, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, JUNE 23, 2025
Russia's Gazprom declares force majeure on some gas supplies to Europe

Global Economy

Reuters
18 July, 2022, 06:40 pm
Last modified: 18 July, 2022, 06:45 pm

Related News

  • EU to set out plans to halt Russian gas imports by end-2027
  • Russia says it will continue oil and gas projects despite US sanctions
  • US, UK unveil widespread sanctions against Russia's energy sector
  • Europe's Russian gas era comes to an end as Ukraine transit stops
  • Europe can do without Russian gas: IEA

Russia's Gazprom declares force majeure on some gas supplies to Europe

The letter said Gazprom, which has a monopoly on Russian gas exports by pipeline, could not fulfil its supply obligations owing to "extraordinary" circumstances outside its control

Reuters
18 July, 2022, 06:40 pm
Last modified: 18 July, 2022, 06:45 pm
A 3D printed natural gas pipeline is placed in front of displayed Gazprom logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
A 3D printed natural gas pipeline is placed in front of displayed Gazprom logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Russia's Gazprom has declared force majeure on gas supplies to Europe to at least one major customer, according to the letter dated 14 July and seen by Reuters on Monday.

The letter said Gazprom, which has a monopoly on Russian gas exports by pipeline, could not fulfil its supply obligations owing to "extraordinary" circumstances outside its control.

A trading source said the letter concerned supplies through the Nord Stream 1 pipeline, a major supply route to Germany and beyond.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Gazprom had no immediate comment.

Invoking force majeure, used when a business is hit by something beyond its control, will likely escalate tensions between Russia and the West over the Russian invasion of Ukraine, action Moscow calls a "special military operation".

The European Union, which has imposed sanctions on Moscow, aims to stop using Russian fossil fuels by 2027 but wants to supplies to continue for now as it shifts away from Russian supplies.

Russian gas supplies have dropped via major routes, including via Ukraine and Belarus and through Nord Stream 1 under the Baltic Sea.

Nord Stream 1 is currently undergoing maintenance. 

Top News / World+Biz

Russia Gas / Russia gas pipeline / Russia gas exports / Gazprom

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • US President Donald Trump speaks during a swearing-in ceremony of Special Envoy Steve Witkoff in the Oval Office at the White House in Washington, DC, US, May 6, 2025. REUTERS/Kent Nishimura/File Photo
    Trump 'still interested' in Iran diplomacy: White House
  • Russian President Vladimir Putin shakes hands with Iranian Foreign Minister Abbas Araqchi during a meeting at the Kremlin in Moscow, Russia June 23, 2025. Sputnik/Alexander Kazakov/Pool via REUTERS
    US bombing Iran unjustified, Russia ready to help Iranian people: Putin
  • A US Air Force B-2 stealth bomber returns after the US attacked key Iranian nuclear sites, at Whiteman Air Force Base, Missouri, US June 22, 2025 in a still image from video. Photo: ABC Affiliate KMBC via REUTERS
    'We will end this war': Iran issues stark warning to Trump 'the gambler'

MOST VIEWED

  • Representational image. Photo: Collected
    Power returns to parts of Dhaka after 2-hour outage
  • Official seal of the Government of Bangladesh
    Govt raises minimum special allowance to Tk1,500 for civil servants, Tk750 for pensioners in FY26 budget
  • Remittance dollar rate falls amid weak demand, strong export growth
    Remittance dollar rate falls amid weak demand, strong export growth
  • 'Made in Bangladesh' solar panels go to US for the first time
    'Made in Bangladesh' solar panels go to US for the first time
  • Union Bank branch manager uses multiple schemes to embezzle Tk8cr: Internal probe
    Union Bank branch manager uses multiple schemes to embezzle Tk8cr: Internal probe
  • Representational image. Photo: Collected
    Budget FY26: NBR slashes income tax for publicly traded companies, private educational institutions

Related News

  • EU to set out plans to halt Russian gas imports by end-2027
  • Russia says it will continue oil and gas projects despite US sanctions
  • US, UK unveil widespread sanctions against Russia's energy sector
  • Europe's Russian gas era comes to an end as Ukraine transit stops
  • Europe can do without Russian gas: IEA

Features

The HerWILL mentorship programme - Cohort 01: A rarity in reach and depth

The HerWILL mentorship programme - Cohort 01: A rarity in reach and depth

23h | Features
Graphics: TBS

Who are the Boinggas?

1d | Panorama
PHOTO: Akif Hamid

Honda City e:HEV debuts in Bangladesh

1d | Wheels
The Jeeps rolled out at the earliest hours of Saturday, 14th June, to drive through Nurjahan Tea Estate and Madhabpur Lake, navigating narrow plantation paths with panoramic views. PHOTO: Saikat Roy

Rain, Hills and the Wilderness: Jeep Bangladesh’s ‘Bunobela’ Run Through Sreemangal

1d | Wheels

More Videos from TBS

News of The Day, 23 JUNE 2025

News of The Day, 23 JUNE 2025

27m | TBS News of the day
Why isn't Putin cooperating with Iran?

Why isn't Putin cooperating with Iran?

42m | TBS World
USA role in Iran-Israel war threatens to destabilize energy markets

USA role in Iran-Israel war threatens to destabilize energy markets

2h | TBS World
Australian Border Force signs cooperation agreement with Coast Guard

Australian Border Force signs cooperation agreement with Coast Guard

5h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net