European Gas Steadies as Gazprom Signals More Turbine Delays
- Three Nord Stream units may face sanctions risk, company says
- Freeport LNG shipments could provide some relief to Europe
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Natural gas prices in Europe reversed losses after Russia signaled that more equipment for the Nord Stream pipeline could be caught up in sanctions-related delays.
Three compressor turbines in Russia are in need of repairs and may be subject to the same sanctions risks as a unit that’s currently stranded in Germany following maintenance, state-producer Gazprom PJSC said in a statement.