Russia’s New Actions Worry Europe
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Russia’s New Actions Worry Europe
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This will further disturb the global oil markets and continue to complicate the tension in that region while ratcheting up the pressure. We need to pray that oil will flow again. Click HERE for a great prayer.
From CNBC. Europe is bracing for an extended shutdown of Russian gas supplies as maintenance work begins on the Nord Stream 1 pipeline that brings gas to Germany via the Baltic Sea.
Have you taken your place on the wall?
Operator Nord Stream AG confirmed the work, which is scheduled to run from Monday through to July 21, got underway as planned Monday morning. Russian gas flows via the pipeline are expected to drop to zero later in the day.
The Nord Stream 1 pipeline is Europe’s single biggest piece of gas import infrastructure, carrying around 55 billion cubic meters of the fuel per year from Russia to Germany….
Klaus Mueller, the head of Germany’s energy regulator, believes the Kremlin may continue to throttle Europe’s energy supplies beyond the scheduled end of the maintenance work….
Russia said last week that it would increase gas supplies to Europe if the turbine being serviced in Canada was returned. Kremlin spokesperson Dmitry Peskov also dismissed claims that Russia was using oil and gas to exert political pressure over Europe, Reuters reported.
‘Maximum economic warfare’
Analysts at political risk consultancy Eurasia Group said that if Putin orchestrated a total cutoff of gas supplies beyond the scheduled end of maintenance works on the Nord Stream 1 pipeline, Germany would likely be forced to move to level three of its three-stage emergency gas plan….
Henning Gloystein, director of energy, climate and resources at Eurasia Group, told CNBC that such a move would represent a “maximum economic warfare” scenario.
“Germany has become a hotspot for the entire EU,” Gloystein said. “Germany has Europe’s biggest population, it’s the biggest economy, it’s the biggest gas consumer, it’s the biggest single importer of Russian gas, and it has got nine land borders. So, whatever happens in Germany spills into the rest of Europe….”
A spokesperson for Germany’s Federal Ministry of Economics and Climate Action told CNBC last week that the government was closely monitoring the gas market situation ahead of the scheduled maintenance work.
“Security of supply is currently still guaranteed, but the situation is serious,” the spokesperson said….
How are you praying for Europe? Share your thoughts and prayers below.
(Excerpt from CNBC. Photo Credit: Canva)
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Comments
Be carefull about blaming Russia for everything that is being said about them. Doing so makes us part of the problem. What ever CNBC says about Russia, turn it 180 degrees around and you will come closer to knowing the truth. May the Lord bless you.
Quite frankly, we don’t need their oil, we have plenty right here in America that we can pump out of the ground. Russia can eat their oil, just like the Arabs. What happens in Europe is really not our concern. We need to get out of this globalist mentality, and get back to America first. Also, getting your information from CNBC, the most liberal of the liberal media- WHY?
Brian, CNBC does not always tell the truth about what’s truly going on. Pray that IFA will quit depending on CNBC as a news sourse until the blood of Jesus washes them completely clean from lies, etc. Not going to go into details but CNBC doesn’t always get things right.
Why are you getting your news from CNBC. WE know they are on woke agenda
Why are you posting a MSM article?
Psalm 46:8-10 New American Standard Bible 1995
8 Come, behold the works of the Lord, Who has wrought desolations in the earth. 9 He makes wars to cease to the end of the earth; He breaks the bow and cuts the spear in two; He burns the chariots with fire. 10 “Cease striving and know that I am God; I will be exalted among the nations, I will be exalted in the earth.”
All glory and honor belong to You, Almighty God. Open our eyes to see the work You are doing in the earth, in the affairs of men, in wars and in lack of supplies to which we have become accustomed. Father, we cry out to You in regards to the Russia-Ukraine war. Father, would You bring it to an end? Would You allow the gas-lines to flow once again into Germany and all of Europe? Yet, Lord, not my will but Yours be done. In the difficult days, turn people’s eyes and hearts toward You that they may be saved. Amen.