Russia to Cut Europe’s Gas Flow via Nord Stream to 20%

Russia said it will further cut natural gas supplies to Europe this week, throwing another salvo in its economic war with the West and raising new questions about Europe’s ability to avoid closing factories and home-absence this winter.

Russian state-owned energy producer Gazprom PJSC said gas exports through the vital Nord Stream pipeline to Germany would drop to about a fifth of the pipeline’s capacity, blaming sanctions-related problems with turbines that have already reduced flow. The renewed reduction in the pipeline’s capacity – from the current 40% to 20% – is expected to come into effect on Wednesday, Gazprom said.

https://www.wsj.com/articles/nord-stream-gas-flows-to-drop-to-20-of-capacity-russias-gazprom-says-11658760473 Russia to Cut Europe’s Gas Flow via Nord Stream to 20%

Alley Einstein

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