Russia Shuts Nord Stream 1 Gas pipeline to Europe For Three Days Citing Maintenance Reasons

 

CNBC: Russia halts gas flows to Europe via Nord Stream 1 for maintenance works 

* It is expected that gas flows via Nord Stream 1, which runs from Russia to Germany via the Baltic Sea, will be suspended from Aug. 31 through to Sept. 3.

* The temporary halt to supplies reflects a deepening gas dispute between Russia and the European Union and underscores both the risk of a recession and a winter shortage. 

* “Europe is in full bunkering mode and taking no chances with Russian supplies heading into the winter,” said Wei Xiong, senior analyst at energy consultancy Rystad Energy. 

Russia’s state-owned energy giant Gazprom on Wednesday halted gas flows to Europe via a major pipeline, citing maintenance works on its only remaining compressor. 

It is expected that gas flows via Nord Stream 1, which runs from Russia to Germany via the Baltic Sea, will be suspended from Aug. 31 through to Sept. 3.  

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Russia Shuts Nord Stream 1 Gas pipeline to

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