European Gas Prices Rise as Nord Stream Works Put Market on Edge
- Maintenance on pipeline is scheduled to end next week
- Norwegian flows remain curbed as outages continue Wednesday
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European natural gas prices gained for a second day as traders remain on edge over what to expect when Russia’s Nord Stream pipeline completes maintenance.
The pipeline is shut for planned works for 10 days, but Germany has voiced concerns that Russia may not fully return the link into service afterwards. Deliveries from Gazprom PJSC have been curbed for weeks, both via Nord Stream and Ukraine.