European Gas Prices Slide as Russian Flows Steady at Low Levels
- Supplies via Ukraine were stable, after initial signs of a dip
- Global LNG prices are rising as Europe imports more than usual
The gas receiving compressor station of the Nord Stream 1 natural gas pipeline in Lubmin, Germany.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
European natural gas prices fell after Russian pipeline flows stabilized, albeit at levels far lower than the continent’s economy needs.
Shipments through the Nord Stream pipeline to Germany, the main gas link to the European Union, remain stable after Gazprom PJSC cut them to 20% of capacity. Deliveries via Ukraine, which initially looked like they might fall, were steady Thursday.