India has officially revoked the emergency natural gas supply regulations that were imposed during the peak of the West Asia conflict. The Ministry of Petroleum and Natural Gas issued a notification omitting the operational provisions of the March 2026 order, lifting restrictions and restoring normal gas allocation to all commercial, industrial, and power consumers as maritime traffic through the Strait of Hormuz stabilized following a ceasefire.


West Asia Resumed LNG Imports Prompts India to Lift Emergency Natural Gas Supply Curbs

As the energy crisis in Europe is escalating, the National Grid on Thursday (October 6) warned Britons&nbsp;that they might have to face power cuts of up to three hours this winter.&nbsp;

The company added that if energy prices escalate, there's a high chance of supply interruptions. Additionally, the company stated that as a base case, it expects to face no problems, but if power cuts happen, which will majorly happen at a time of high demand, customers will be informed at least a day prior.&nbsp;

However, these power cuts will rotate so that no specific areas in the country are affected.

The company claimed that Russia's invasion had created turmoil in the energy market. All gas supplies from Russia have been hit, leaving all countries to struggle for alternative supply options.

When asked Prime&nbsp;Minister Liz Truss, who during her campaign promised that there would be no blackouts, responded by saying that the UK is in a better position than any other country and has a good amount of energy supply. Truss further added that it can be better and that's what she is here for.

According to National Grid, while the UK is not overly reliant on Russian gas supplies, it, like any other mainland European country, could face shortfalls.

The UK is majorly dependent on gas supplies to produce electricity, with gas stations generating over 40 per cent of the country's electricity.&nbsp;

As per the grid's reports, there could be three situations. First, there'll be enough supply like precious winter; second, the energy crisis in Europe might make it difficult for the UK to import electricity; and third, the national grid might lead to shortages.&nbsp;

(With inputs from agencies)

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As the energy crisis in Europe is escalating, the National Grid on Thursday (October 6) warned Britons that they might have to face power cuts of up to three hours this winter.

As the energy crisis in Europe is escalating, the National Grid on Thursday (October 6) warned Britons that they might have to face power cuts of up to three hours this winter. The company added that if energy prices escalate, there's a high chance of supply interruptions. Additionally, the company stated that as a base case, it expects to face no problems, but if power cuts happen, which will majorly happen at a time of high demand, customers will be informed at least a day prior. However, these power cuts will rotate so that no specific areas in the country are affected. The company claimed that Russia's invasion had created turmoil in the energy market. All gas supplies from Russia have been hit, leaving all countries to struggle for alternative supply options. When asked Prime Minister Liz Truss, who during her campaign promised that there would be no blackouts, responded by saying that the UK is in a better position than any other country and has a good amount of energy supply. Truss further added that it can be better and that's what she is here for. According to National Grid, while the UK is not overly reliant on Russian gas supplies, it, like any other mainland European country, could face shortfalls. The UK is majorly dependent on gas supplies to produce electricity, with gas stations generating over 40 per cent of the country's electricity. As per the grid's reports, there could be three situations. First, there'll be enough supply like precious winter; second, the energy crisis in Europe might make it difficult for the UK to import electricity; and third, the national grid might lead to shortages. (With inputs from agencies) WATCH WION LIVE HERE

Britons might face power cuts up to three hours this winter, warns National Grid amid energy crisis

Europe struggles to cope with Russia gas shutoffs

A day after French PM Elisabeth Borne&nbsp;<a href="https://www.wionews.com/world/french-pm-warns-of-energy-rationing-in-the-winter-511241">warned&nbsp;</a>of energy rationing in the winter,&nbsp;Gazprom has dropped another bomb. Reportedly, the Russian state-owned gas company on Tuesday informed that gas deliveries to Engie, France's biggest supplier of gas to households and businesses&nbsp;will be reduced, starting today due to a dispute over contracts.&nbsp;

"There will be&nbsp;a reduction in gas deliveries, starting today, due to a disagreement between the parties on the application of some contracts." Engie informed about Gazprom's notice.&nbsp;

The French company further added that it had put measures in place to brave the reduction in supplies.

"Engie had already secured the volumes necessary to meet its commitments towards its customers and its own requirements, and put in place several measures to significantly reduce any direct financial and physical impacts that could result from an interruption to gas supplies by Gazprom." stated the company in a statement.&nbsp;

However, neither Gazprom nor Engie informed about the nature of the dispute with the former not releasing any statement.&nbsp;

In the aftermath of the announcement, French energy minister Agnès Pannier-Runacher stated that the fresh supply cuts should egg France to fully end its dependence on French supplies.&nbsp;

“Russia is using gas like a war weapon.&nbsp;We must prepare for the worst, a total interruption of deliveries.” said&nbsp;Runacher.

Nord Stream 1 pipeline will close from tomorrow&nbsp;

It is pertinent to note that Gazprom's reduction in the supply comes in the backdrop of the company announcing earlier this month that the Nord Stream 1 gas pipeline will remain shut down for three days for 'routine maintenance', starting tomorrow i.e August 31.

Read more:<a href="https://www.wionews.com/world/gazproms-halt-of-nord-stream-1-pipeline-plunges-europe-into-a-gas-crisis-509359">&nbsp;Gazprom's halt of Nord Stream 1 pipeline plunges Europe into a gas crisis</a>

The pipeline which runs from Russia to Germany under the Baltic Sea is the lifeline of the European countries. Despite being against Russia since its invasion of Ukraine, the European countries have remained toothless against Moscow which has used its position of dominance to circumvent the sanctions.&nbsp;

While most European nations are facing soaring prices, very few have capped the prices. Of the major countries, it is France that has put a four per cent cap on gas prices up until the end of the year.

Read more:<a href="https://www.wionews.com/world/france-to-limit-soaring-electricity-rates-next-year-cap-on-prices-to-continue-till-the-end-of-year-510752">&nbsp;France to 'limit' soaring electricity rates next year; cap on prices to continue till the end of year</a>

Moreover, France is only dependent on Russia for 17 per cent of its energy supply. The country is in talks with Algeria&nbsp;to increase gas imports&nbsp;while attempting to fill reserves for the winter which have reportedly reached the 90 per cent mark, according to government data.&nbsp;

(With inputs from agencies) 
 
WATCH WION LIVE HERE:&nbsp;

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&nbsp;

A day after French PM Elisabeth Borne warned of energy rationing in the winter, Gazprom has dropped another bomb. Reportedly, the Russian state-owned gas company on Tuesday informed that gas deliveries to Engie, France's biggest supplier of gas to households and businesses will be reduced, starting today due to a dispute over contracts.

A day after French PM Elisabeth Borne warned of energy rationing in the winter, Gazprom has dropped another bomb. Reportedly, the Russian state-owned gas company on Tuesday informed that gas deliveries to Engie, France's biggest supplier of gas to households and businesses will be reduced, starting today due to a dispute over contracts. "There will be a reduction in gas deliveries, starting today, due to a disagreement between the parties on the application of some contracts." Engie informed about Gazprom's notice. The French company further added that it had put measures in place to brave the reduction in supplies. "Engie had already secured the volumes necessary to meet its commitments towards its customers and its own requirements, and put in place several measures to significantly reduce any direct financial and physical impacts that could result from an interruption to gas supplies by Gazprom." stated the company in a statement. However, neither Gazprom nor Engie informed about the nature of the dispute with the former not releasing any statement. In the aftermath of the announcement, French energy minister Agnès Pannier-Runacher stated that the fresh supply cuts should egg France to fully end its dependence on French supplies. “Russia is using gas like a war weapon. We must prepare for the worst, a total interruption of deliveries.” said Runacher. Nord Stream 1 pipeline will close from tomorrow It is pertinent to note that Gazprom's reduction in the supply comes in the backdrop of the company announcing earlier this month that the Nord Stream 1 gas pipeline will remain shut down for three days for 'routine maintenance', starting tomorrow i.e August 31. Read more: Gazprom's halt of Nord Stream 1 pipeline plunges Europe into a gas crisis The pipeline which runs from Russia to Germany under the Baltic Sea is the lifeline of the European countries. Despite being against Russia since its invasion of Ukraine, the European countries have remained toothless against Moscow which has used its position of dominance to circumvent the sanctions. While most European nations are facing soaring prices, very few have capped the prices. Of the major countries, it is France that has put a four per cent cap on gas prices up until the end of the year. Read more: France to 'limit' soaring electricity rates next year; cap on prices to continue till the end of year Moreover, France is only dependent on Russia for 17 per cent of its energy supply. The country is in talks with Algeria to increase gas imports while attempting to fill reserves for the winter which have reportedly reached the 90 per cent mark, according to government data. (With inputs from agencies) WATCH WION LIVE HERE:

Gazprom to reduce gas deliveries to Engie, France's biggest gas supplier

The second quarter of this year saw an acceleration in the Eurozone’s economic growth, but as long as Russia keeps cutting back on gas supply, the region’s prospects will suffer. According to Eurostat, the European Union’s statistics office, the 19-member bloc’s gross domestic product increased by 0.7 percent in the second quarter, exceeding forecasts for a 0.2 percent increase. It follows a GDP growth rate of 0.5% in the first quarter.

The figures show that the Eurozone is still gaining from the reopening of its economy following the epidemic, in stark contrast to the negative annualised readings coming out of the United States for both the first and second quarters.

However, an increasing number of experts anticipate that the Eurozone will enter a recession. Nomura, for example, forecasts a 1.2 percent annual contraction, while Berenberg forecasts a 1% decline.

Even the EU’s executive body, the European Commission, has acknowledged that if Russia entirely cuts off the region’s gas supplies, a recession might start this year.

European officials are becoming more anxious about the likelihood of a gas supply interruption after European Commission President Ursula von der Leyen claimed that Russia is “blackmailing” the continent. Russia has consistently denied attempting to weaponize its supplies of natural fuel.

Although this week saw a 20% reduction in gas deliveries to Europe via the Nord Stream 1 pipeline, Gazprom, the majority state-owned energy powerhouse of Russia, continued to operate at full capacity. Twelve EU nations currently have partial Russian gas supply problems, and a few more have had their gas supplies entirely cut off.

The most recent growth data, according to European Economics Commissioner Paolo Gentiloni, is “good news”.

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Good news! Euro area economy outperforms expectations in <a href="https://twitter.com/hashtag/Q2?src=hash&amp;ref_src=twsrc%5Etfw">#Q2</a>. Uncertainty remains high for the coming quarters: need to maintain unity &amp; be ready to respond to an evolving situation as necessary <a href="https://t.co/ur7wtxIRzW">https://t.co/ur7wtxIRzW</a>
— Paolo Gentiloni (@PaoloGentiloni) <a href="https://twitter.com/PaoloGentiloni/status/1552943155359764480?ref_src=twsrc%5Etfw">July 29, 2022</a></blockquote>
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(With inputs from agencies)

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The second quarter of this year saw an acceleration in the Eurozone’s economic growth, but as long as Russia keeps cutting back on gas supply, the region’s prospects will suffer.

The second quarter of this year saw an acceleration in the Eurozone’s economic growth, but as long as Russia keeps cutting back on gas supply, the region’s prospects will suffer. According to Eurostat, the European Union’s statistics office, the 19-member bloc’s gross domestic product increased by 0.7 percent in the second quarter, exceeding forecasts for a 0.2 percent increase. It follows a GDP growth rate of 0.5% in the first quarter. The figures show that the Eurozone is still gaining from the reopening of its economy following the epidemic, in stark contrast to the negative annualised readings coming out of the United States for both the first and second quarters. However, an increasing number of experts anticipate that the Eurozone will enter a recession. Nomura, for example, forecasts a 1.2 percent annual contraction, while Berenberg forecasts a 1% decline. Even the EU’s executive body, the European Commission, has acknowledged that if Russia entirely cuts off the region’s gas supplies, a recession might start this year. European officials are becoming more anxious about the likelihood of a gas supply interruption after European Commission President Ursula von der Leyen claimed that Russia is “blackmailing” the continent. Russia has consistently denied attempting to weaponize its supplies of natural fuel. Although this week saw a 20% reduction in gas deliveries to Europe via the Nord Stream 1 pipeline, Gazprom, the majority state-owned energy powerhouse of Russia, continued to operate at full capacity. Twelve EU nations currently have partial Russian gas supply problems, and a few more have had their gas supplies entirely cut off. The most recent growth data, according to European Economics Commissioner Paolo Gentiloni, is “good news”. Good news! Euro area economy outperforms expectations in #Q2. Uncertainty remains high for the coming quarters: need to maintain unity & be ready to respond to an evolving situation as necessary https://t.co/ur7wtxIRzW — Paolo Gentiloni (@PaoloGentiloni) July 29, 2022 × (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Despite gas crisis, inflation surge, Eurozone economy grows faster than expected

Germany faces certain recession if faltering Russian gas supplies stop completely, an industry body warned. Italy said, it would consider offering financial backing to help companies refill gas storage to avoid a deeper crisis in winter.

Russian gas crisis deepens: Europeans activate first stage of gas crisis plans

Russia has retaliated against western sanctions by halting its gas supply to Poland and Bulgaria. This decision is impacting different parts of Europe, and in Italy, a new measure is being implemented called 'operation thermostat'.

Ukraine-Russia conflict: Italy launches new measure to save gas

Europe faces gas crisis even when the peak winter is about to hit the continent. The Yamal Europe pipeline was sending the fuel back to Poland for the 8th straight day. Watch this report for more.

Europe faces gas crisis even as peak winter is about to hit continent

The beginning of winters has been marked by not only the regular worsening of smog for Pakistanis but also by the gas shortage in Pakistan. Pakistan is facing many problems which include an acute shortage of natural gas and a rampant amount of power cuts. 
&nbsp; 
Women in Peshawar are finding it difficult to use woodfire to cook food because of health concerns. This has made the lives of common people quite hard.&nbsp;

Almost 40 per cent of Pakistan's energy demands are met by natural gas and due to unavailability of fuel gases, the daily life of the common man has been ruined.

The natural gas is not only used as major fuel in household needs but also in the industrial and automobile sectors which increases the demand for natural gas across the nation.&nbsp;

With multiplied demands from both sides, the customers and the industries, the policymakers need to develop such a plan that remains effective on a long term basis and before the shortage of natural gases may hit the market and halt the lives of the common man.

Moreover, the CNG stations are out of fuel stocks and the shortfall has been reported, surged to a massive 600 million metric cube a day. &nbsp;

On the other hand, the petroleum minister Ghulam Sarwar Khan assured that steps are being taken to "control the situation'' and carter the sufferings of the customers. The government ensured that the problem of gas shortage will be resolved soon as soon the supplies in the stations will be resumed.

&nbsp;A few days ago Pakistan's Prime Minister Imran Khan dissolved the board of directors of Sui Northern and Sui Southern Gas Company to improve the situation of the ongoing gas crisis in the country.

The beginning of winters has been marked by not only the regular worsening of smog for Pakistanis but also by the gas shortage in Pakistan. Pakistan is facing many problems which include an acute shortage of natural gas and a rampant amount of power cuts.

The beginning of winters has been marked by not only the regular worsening of smog for Pakistanis but also by the gas shortage in Pakistan. Pakistan is facing many problems which include an acute shortage of natural gas and a rampant amount of power cuts. Women in Peshawar are finding it difficult to use woodfire to cook food because of health concerns. This has made the lives of common people quite hard. Almost 40 per cent of Pakistan's energy demands are met by natural gas and due to unavailability of fuel gases, the daily life of the common man has been ruined. The natural gas is not only used as major fuel in household needs but also in the industrial and automobile sectors which increases the demand for natural gas across the nation. With multiplied demands from both sides, the customers and the industries, the policymakers need to develop such a plan that remains effective on a long term basis and before the shortage of natural gases may hit the market and halt the lives of the common man. Moreover, the CNG stations are out of fuel stocks and the shortfall has been reported, surged to a massive 600 million metric cube a day. On the other hand, the petroleum minister Ghulam Sarwar Khan assured that steps are being taken to "control the situation'' and carter the sufferings of the customers. The government ensured that the problem of gas shortage will be resolved soon as soon the supplies in the stations will be resumed. A few days ago Pakistan's Prime Minister Imran Khan dissolved the board of directors of Sui Northern and Sui Southern Gas Company to improve the situation of the ongoing gas crisis in the country.

In Pakistan, gas crisis intensifies across the country as winter begins

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