Gazprom NG.

This is coolbert:

Under normal circumstances, depriving a nation of a basic element it needs for survival is AN ACT of WAR!

Yet one more instance from the Ukraine Conflict a declaration of force majeure.

Contracts not able to be fulfilled by the supplier as a result of unforeseen circumstances.

Russians NOT going able to provide western Europe with natural gas as necessary for a normal way of  life to be led. Only Germany today? The rest of western Europe tomorrow?

"Exclusive: Russia's Gazprom declares force majeure on some gas supplies to Europe"

From Reuters ^ | 7-18-22 | Julia Payne the tip via Freeper.

"Russia's Gazprom (GAZP.MM) has declared force majeure on gas supplies to Europe to at least one major customer, according to the letter from Gazprom dated July 14 and seen by Reuters on Monday. The letter said Gazprom, which has a monopoly on Russian gas exports by pipeline, could not fulfil its supply obligations owing to 'extraordinary' circumstances outside its control. It said the force majeure measure, a clause invoked when a business is hit by something beyond its control, was effective from deliveries starting from June 14."

Further from the Internet web site "Zero Hedge" on the same topic:

"Gazprom Reportedly Declares Force Majeure, Will Halt Gas Flows To Germany Indefinitely"

Keypoints as take-away:

* "GAZPROM SENT FORCE MAJEURE NOTICE TO AT LEAST 3 BUYERS"

* "GAZPROM FORCE MAJEURE NOTICE APPLIES TO FLOWS FROM JUNE 14

* "UNIPER SAYS IT HAS RECEIVED LETTER FROM GAZPROM EXPORT IN WHICH COMPANY RETROACTIVELY CLAIMS FORCE MAJEURE FOR PAST AND CURRENT SHORTFALLS IN GAS DELIVERIES"

* "UNIPER: WE CONSIDER THIS TO BE UNJUSTIFIED AND HAVE FORMALLY REJECTED FORCE MAJEURE CLAIM"

Gonna be cold in Germany this winter? Either cold or drastically increased price for heating with natural gas. USA will send LNG just-in-time? A Berlin Airlift this time by sea?

coolbert.