Europe’s Gas Prices Surge 13% As Russia Reduces Nord Stream Flow ...Middle East

Russia’s Gazprom said on Tuesday that it would limit natural gas supply via the Nord Stream pipeline to Germany by 40 percent compared to planned flows because of a delay in equipment repairs, sending European gas prices surging by 13 percent. Gazprom said today on its Telegram channel that Siemens had delayed the return of gas compressor units from repair, and technical issues prevented it from sending the planned volumes of natural gas to the biggest gas link to Europe. Only three compressor units can currently be used to ship gas westwards…

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