Gas market tense but supply guaranteed, says Germany after Gazprom cut

Germany said Friday its gas supplies were secure despite a move by Russian energy giant Gazprom to extend a stop to the Nord Stream 1 pipeline, adding to fears of shortages this winter.

“The situation on the gas market is tense, but security of supply is guaranteed,” a spokeswoman for the economy ministry said in a statement. The spokeswoman did not comment on the “substance” of Gazprom’s announcement earlier Friday but said Germany had “already seen Russia’s unreliability in the past few weeks”.