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Temporary Russian gas pipeline shutoff worries Europe

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2 years ago

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Russia has temporarily cut supply of gas from the main pipeline to Germany, worrying several EU nations

Russia has ‘temporarily’ shut down gas supplies in Nord Stream 1 gas pipeline – the main supply line to Germany.

It has sparked fears for energy security in several European nations.

The most recent shut down – however – was scheduled in advance and part of ‘routine maintenance’ during the summer – when gas usage is lower.

It is scheduled to last ten days.

But it hasn’t stopped worries over future prolonged outages.

“Our concerns are growing that Russia is clearly using gas supplies as a political weapon to drive up prices, unsettle markets and spread chaos,”

ROBERT HABECK, GERMAN MINISTER FOR ECONOMIC AFFAIRS

German officials have said they don’t know when Gazprom – Russia’s energy company which has a monopoly on exports – will resume deliveries once the scheduled maintenance is scheduled to end.

A reduction in gas supply is also affecting Italy.

The European Commission is planning proposals in July to determine how EU countries would coordinate rationing of industrial energy and which sectors to prioritise if they are faced with fewer and fewer supplies in the future.

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Simon is a ticker NEWS corespondent in London. Simon started his career in his hometown of Sydney as a news video producer for NineMSN, then moved to the UK with Good Morning Britain on ITV, followed by a TV reporter for a local news service in Manchester in England’s north. Simon joins ticker News after several years in the London headquarters of ITN Productions as a news producer, and as an assistant news editor for ITV News.

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How Google’s Gemini AI will stand against cyber threats

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20 hours ago

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May 8, 2024

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AI takes centre stage at the RSA 2024 conference with Google unveiling advanced cybersecurity integration.

Among the myriad of announcements at this years RSA Conference, Google showcased the integration of an advanced Threat Intelligence Platform into its Gemini AI framework.

Tom Finnigan from Talkingbrands.ai joins from the RSA Conference to discuss. #featured #trending

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Will Australia’s foreign investment rule create an economic boost?

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21 hours ago

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May 8, 2024

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Can AI revolutionise the fashion industry?

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21 hours ago

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May 8, 2024

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OpenAI took centre stage at this year’s Met Gala exhibition, offering a glimpse into the future of fashion and innovation.

This years exhibition theme “Sleeping Beauties: Reawakening Fashion,” will include a chatbot linked to a 1930s wedding gown worn by New York socialite Natalie Potter.

Powered by OpenAI’s GPT-4, the chatbot embodies Potter, answering visitors’ questions about her life and the dress.

Karen Sutherland from the the University of the Sunshine Coast joins to discuss. #featured #trending

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