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In July, Gazprom cut its pipeline deliveries to the EU by 10.3 billion cubic meters

due to scheduled shutdowns of the Nord Stream 1 and Yamal pipelines for planned maintenance. Rather than make up for this shortfall by sending more gas across Ukraine, Gazprom chose to draw down its German and Austrian underground storage reservoirs to dangerously low levels, says Serhiy Makogon, CEO of Ukraine’s Transmission System Operator.

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