Russia Set To Switch Off The Gas That Is Sent Through The Nord Stream 1 Pipeline

CNBC: Russia is set to switch off the gas for work on a key pipeline — and Germany fears the worst 

* Russia is poised to temporarily shut down the European Union’s single biggest piece of gas import infrastructure, stoking fears of a delayed or only partial return of gas supplies. 

* Some fear the Kremlin could use planned maintenance works to turn off the taps for good. 

* “If it doesn’t come back after maintenance because President Putin plays games or wants to hit Europe while it hurts, then the plan to fill up gas storage by the end of summer will probably not work,” said Eurasia Group’s Henning Gloystein. 

Russia is poised to temporarily shut down the Nord Stream 1 pipeline — the European Union’s biggest piece of gas import infrastructure — for annual maintenance. 

The works have stoked fears of further disruption to gas supplies that would undermine the bloc’s efforts to prepare for winter. 

Some fear the Kremlin could use planned maintenance works to turn off the taps for good. 

 The summer maintenance activities on the pipeline, which runs under the Baltic Sea from Russia to Germany, are scheduled to take place from July 11 through to July 21. 

Read more ....  

WNU Editor: If this happens expect panic in European energy markets and sky-high natural energy prices .... Russia May Keep Nord Stream Gas Curbed After Works, Goldman Says (Bloomberg). 

Update #1: Every European nation for itself? ..... German party chief predicts EU infighting over gas (RT).  

Update #2: A good summary on current European energy markets .... Infographic: European gas, power on emergency footing going into Q3 2022 (S&P Global).