Gazprom

Acting Minister of Defense Dimitar Stoyanov confirmed the information that Ukraine is making a counteroffensive in the military clash with Russia. According to him, it is still too early to say whether the tide of the war has been turned.

Ukrainian general reported that his troops were advancing north towards the Russian border. Read more here.

Gas supplies from Russia to Europe via the Nord Stream 1 gas pipeline will not be fully resumed until the "collective West" lifts the sanctions imposed on Moscow after the start of the invasion of Ukraine. This was announced by Kremlin spokesman Dmitry Peskov, quoted by the "Financial Times".

Natural gas in Europe rose almost 30% in morning trading, the first day since Russia announced it would indefinitely suspend one of its main pipelines to the EU, Nord Stream 1.

Financial markets have been rattled by the shutdown of Russia's Nord Stream 1 gas pipeline, as energy pressure on European economies intensifies as winter approaches. The euro fell to a two-year low this morning in early trading on Monday after Russian energy company Gazprom extended the shutdown of its gas pipeline to Germany on Friday night.

The Kremlin said on Monday the halt of gas deliveries to Germany via the Nord Stream pipeline was caused by Western sanctions that prevent the maintenance of its infrastructure.

EU Economy Commissioner Paolo Gentiloni has said that the European Union was "well prepared" in the event of a total halt in Russian gas deliveries, thanks to storage capacity and energy-saving measures.     

«Πόλεμος νεύρων» από την Gazprom - Αγωνία για τον Nord Stream

Gazprom said the gas pipeline to Germany, which was due to open at the weekend, would remain closed until a turbine could be repaired, cutting supplies to Europe indefinitely.

Europe's energy crisis loomed larger on Sept. 2 after Russian energy giant Gazprom said it couldn't resume the supply of natural gas through a major pipeline to Germany for now. The company cited what it said was a need for urgent maintenance work to repair key component- in an announcement made just hours before it had been due to restart deliveries.

This is the third time Radev has handpicked an interim government.