Sudden!"Beixi-1" was in a linked to Europe, and the stock price of Russia once rose more than 30%!The German Paper Makening Association warns: sanitary paper output may decrease

Author:Daily Economic News Time:2022.08.31

On August 31st local time, comprehensive AFP and BBC reported that Russian Natural Gas Industry Co., Ltd. (Gazprom, hereinafter referred to as Russia) has been suspended to Europe through the "Beixi-1" pipeline.

Earlier, Russia announced that the only turbine that was still running in the "Beixi-1" natural gas pipeline will be suspended for three days from August 31. During this period, the "Beixi-1" pipeline will stop gas supply.

On August 31, Russia's stock price rose by 32%at a time, the largest single -day increase since September 2008, as of press time rose by 27.58%.

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Suspension of gas supply for three days

On August 19, Russia announced that the only turbine that was still running in the "Beixi-1" natural gas pipeline will be suspended for three days from August 31st. During this period, the "Beixi-1" channel will stop Gas supply.

According to the data of Russia, the specific time for maintenance is from 4 am on August 31, Moscow time, and ending at 4 am on September 3, that is, at 9 am Beijing time, at 9 am on September 3, ending at 9 am on September 3rd. Essence According to the real -time information displayed by the operator's website, the natural gas traffic reserved by the Beixi Pipeline was 3:00 on August 31, Moscow time, that is, Beijing time at 8 am this morning.

Regarding the "Beixi-1" for three days, the Russian Presidential Press Secretary Peskov said on the 30th that there is no problem in Russia's supply of natural gas to eliminate technical problems caused by sanctions caused by Russian sanctions.

Peskov emphasized that European countries, the United States, and Canada imposed sanctions on Russia, which caused Russia to be unable to carry out routine maintenance and unable to complete the registration and assembly of the return components. In addition, there were no other factors that hinder Russia's supply of natural gas.

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Russian Natural Gas Industry Co., Ltd., which was shot in Moscow, the capital of Russia on April 28. Xinhua News Agency (Photo by Alexander)

Russia is the EU's largest natural gas and crude oil supply. Since February of this year, EU countries have followed the United States to impose multiple rounds of sanctions on Russia, but the anti -bulls caused by sanctions have become more embarrassed.

The "Beixi-1" natural gas pipeline was completed in 2011, starting from Russia in the east, and via the Baltic sea to Germany. It is currently Russia's main gas pipeline against Europe. A turbine "Beixi-1" was previously sent to Canada for repair by Siemens in Germany. Russia's Natural Gas Industry Corporation has repeatedly stated that Russia had to reduce the "Beixi-1" gas transmission because Siemens failed to send a turbine to Russia in a timely manner. At present, the gas transmission volume of "Beixi-1" is only 20%of the full load.

On August 30, Russia said, "Despite the pressure and unfavorable external environment of sanctions", the company achieved a record of 2.5 trillion rubles ($ 41.75 billion) in the first half of 2022. The company was 2021 The annual net profit is 2.09 trillion rubles.

The Board of Directors of Russia stated that it will be paid for the mid -term dividend after the annual dividend of the year since 1998. It is recommended to pay 51.03 rubles ($ 0.8558) per share in the first half of the year, so that its overall dividend pays for 12.08 trillion rubles (20.26 billion yuan Dollar).

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Extermination of European energy dilemma

The "Beixi-1" natural gas pipeline was suspended from July 11th to 21st, causing concerns about European countries' concerns about Russia's energy supply.

As the weather turns cooler, energy supply is becoming more and more tense. Only by seeking sources of new gas or reducing consumption, it cannot make up for the gap in the short term. Many European countries have recently announced that they have re -opened coal power plants or take measures to support coal power.

For example, in Germany, coal power generation, as an important traditional energy source, has been steadily declining in the country's energy structure in recent years. In 2021, the proportion of coal in German power production was 27.4%.

Just two days ago, on August 29, local time, the news of the reopening of Haiden No. 4 coal power plant in western Germany attracted special attention from the outside world. Haiden No. 4 is the largest coal -fired power plant in all European power stations, with a single machine capacity of 875 MW. When this coal power plant runs at full load, it will burn 265 tons of coal per hour.

In France, on the 29th local time, French Prime Minister Elizabeth Borne warned the business owner of the "French Enterprise Movement" to do not rule out the possibility of implementing energy quantitative distribution in winter this year. She urged enterprises to take measures to reduce energy consumption.

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Hungarian Foreign Affairs and Foreign Economic Minister Sealado warned on August 29 that EU countries are moving towards "energy collapse." Seato warned that in the absence of appropriate alternatives, EU countries' policy of rejection of Russian energy may lead to systemic collapse. He believes that energy from Russia is an integral part of European energy security.

Fan Boden, CEO of Shell, said on the 29th that due to Russia's disconnection, EU countries may face natural gas shortages in the next few winter. He said, "If there is no supply of Russian natural gas at all, the lives of the people of the EU countries will become very difficult."

A British survey showed that due to the surge in energy prices, more than 20 % of adults intend to do not turn on heating throughout the winter this year.

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According to Xinhua News Agency, a British energy consulting agency predicts on August 26 that the average energy bill of British households will rise sharply next year, which may be as high as 500 pounds per month (about 4050 yuan). The British Energy Consulting Institution "Corwel Insight" said that the average of 1,277 pounds (10,347 yuan) in British families in 2021, and this year's expenses are expected to climb to 3549 (28756 yuan). According to CCTV Finance and Economics quoted foreign media reports, Finnish paper company Metsä Tissue stated in a statement issued by local time on the 26th that the surge in energy costs to continue to suppress production may lead to shortage of paper towel products.

Metsi Tissue has a total of nine paper factories in Europe. The company pointed out that the rise in production costs has hindered the operation of the European market. In recent weeks, the company has continuously reduced the output of paper mills in Slovakia and Germany. As energy costs continue to rise, the production line may be stopped, which will affect the supply of paper products such as toilet paper and kitchen paper. At the same time, the rise in production costs may also lead to more expensive paper towel products.

Earlier this week, the German papermaking association also issued a similar warning that the shortage of natural gas in Europe could cause the decrease in German toilet paper output.

Edit | Lu Xiangyong Gai Yuanyuan

School pair | Sun Zhicheng

Daily Economic News integrated from CCTV News, Xinhua News Agency, China

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Daily Economic News

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