Russian Deputy PM Threatens to Cut Gas to Europe via Nord Stream 1

Russian Energy Minister Alexander Novak speaks at a press conference following talks with Ukrainian Energy Minister Yuriy Prodan and European Union Energy Commissioner Guenther Oettinger over the future of Russian natural gas deliveries to Ukraine in Berlin, Germany, on Sept. 26, 2014. Sean Gallup/Getty Images

Russian Deputy Prime Minister Alexander Novak warned on Monday that the country could potentially cut gas supplies via the Nord Stream 1 pipeline to Germany.

“In connection with unfounded accusations against Russia regarding the energy crisis in Europe and the imposition of a ban on Nord Stream 2, we have every right to take a matching decision and impose an embargo on gas pumping through the Nord Stream 1 gas pipeline,” Novak said in a statement broadcast on state television.