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Russia to cut gas through Nord Stream 1 to 20% of capacity

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BERLIN (AP) — Russia’s Gazprom says it would further reduce natural gas flows through a major pipeline to Europe to 20% of capacity, citing equipment repairs. The move announced Monday ramps up fears that Russia may cut off gas as political leverage over the war in Ukraine just as Europe tries to shore up storage for winter. The Russian state-owned company tweeted that it would reduce “the daily throughput” of the Nord Stream 1 pipeline to Germany to 33 million cubic meters as of Wednesday. The German government said it rejected the notion that technical reasons would lead to more gas reductions. The reductions have spiked energy prices that are fueling inflation and raising concerns about a possible European recession.

Article Topic Follows: AP National Business

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Associated Press

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