Skip to content

Russia Halts Gas Supply to France’s Engie as Crisis Intensifies

  • Engie says it has secured enough gas elsewhere to meet demand
  • French Prime minister urged businesses to reduce energy use
Bloomberg business news
WATCH: Engie says it has been informed by Gazprom of a reduction in gas deliveries starting Tuesday. Stephen Stapczynski reports.Source: Bloomberg
Updated on

Europe’s energy crisis escalated as Russian natural-gas giant Gazprom PJSC said it will halt supplies to French utility Engie SA because of a disagreement over payments. 

Gazprom has notified Engie about a full cutoff of gas from Sept. 1 as the utility hasn’t paid in full for July deliveries, the Russian gas producer said in a statement. Earlier, Gazprom said it would reduce gas supplies starting Tuesday. It also plans to shut the Nord Stream pipeline to Germany for three days of maintenance beginning Wednesday.