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Gazprom Poised to Restart Gas Flows Through Nord Stream

  • Putin warns supplies could be reduced if turbine is delayed
  • Europe is waiting for Thursday to see if flows will resume
Bloomberg business news
Gazprom Declares Force Majeure on European Gas Buyers
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Gazprom PJSC is poised to restart gas exports through its Nord Stream pipeline to Europe on Thursday at reduced capacity, according to people familiar with the matter.

Shipments will resume when maintenance ends on Thursday, but remain below normal after the Russian gas giant declared force majeure on some European clients, said the people, who asked not to be named because the information is private. Flows via Russia’s biggest link to Europe were capped at 40% of capacity before the work.