Russian natural gas completely suspended the "Nord Stream-1" gas supply Russia responded to the G7 price limit on Russian oil

Gazprom (Gazprom) announced in a statement on September 2 that the Nord Stream 1 gas pipeline compressor station had been damaged during an inspection of its last operating turbine, and that the pipeline had been forced to shut down in all aspects
.

The statement said that during a joint inspection with Siemens representatives, Gazprom found oil leakage in turbine No.
24 of the Poltovaya compressor station
.
A letter about the situation and the need to address them was sent to the President and CEO of Siemens Energy AG
.
At present, the gas transmission to Nord Stream 1 has been completely stopped until the problem
of equipment failure is eliminated.

The company also said it had received a warning from the Federal Directorate of Environment, Technology and Nuclear Energy Supervision that the detected faults and damage could not ensure the safe operation
of gas turbine engines.
Therefore, it is necessary to take appropriate measures and suspend the further operation
of turbine No.
24.
Turbines 075, 076 and 120 had previously undergone similar damage, were sent to the factory for repairs and are now in a state of forced shutdown
.

On September 2, commenting on European Commission President von der Leyen's call for a cap on the price of Russian pipeline natural gas, Deputy Chairman of the Russian Federal Security Council Dmitry Medvedev said that if the EU implements a price cap, Russia will no longer supply natural gas
to Europe.
It is reported that EU energy ministers will hold a special meeting on September 9 to discuss energy prices, including a price cap scheme
for imports of Russian natural gas.

According to a TASS report on the 2nd, the Group of Seven (G7) finance ministers held an online meeting on the same day to reach an agreement on setting an
upper limit on the price of Russian oil.
A joint statement issued after the meeting announced that a price cap
would be set on Russian oil.
The G7 finance ministers also intend to establish a "broad international alliance" to prohibit the provision of related services
to Russian seaborne oil when oil prices are higher than the price negotiated by the "alliance".

Russian Presidential Press Secretary Dmitry Peskov said on the 2nd that imposing price restrictions on Russian oil is an absurd decision in line with the interests of the United States, which will lead to serious instability
in the oil market.
He said that Deputy Prime Minister Novak made it clear yesterday that those countries involved in the price limit will not be targeted
for Russian oil exports.
As an alternative, Russia will export
to countries operating under market conditions.
"There are more such countries than those participating in the price limit"
.

Russian Deputy Prime Minister Novak said on the 1st that Russia will not supply oil and petroleum products to those countries that support the price limit on Russian oil, and Russia refuses to supply oil
under non-market conditions.
Such a move by the G7 would not only lead to turmoil in the energy market and threaten the entire oil market, but could also lead to a global energy security disaster that would cost European and American consumers
.