Russia to Reopen Nord Steam 1 with Restricted Gas Supply - Reuters

Reuters reported on Tuesday that Russia is anticipated to resume Nord Stream 1 gas flows on Thursday as scheduled, citing two persons with knowledge of the situation.

July 20, 2022 - 11:53 AM 326 views

Russia to Reopen Nord Steam 1 with Restricted Gas Supply - Reuters

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© Russia to Reopen Nord Steam 1 with Restricted Gas Supply - Reuters

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Reuters reported on Tuesday that Russia is anticipated to resume Nord Stream 1 gas flows on Thursday as scheduled, citing two persons with knowledge of the situation.

According to the sources, who spoke to Reuters under the condition of anonymity due to the sensitive nature of the subject, the pipeline was anticipated to begin operating on schedule but at a rate lower than its intended 160 million cubic metres (mcm) per day capacity.

The Market Reaction

Following this development, the market sentiment is still positive, and the S&P 500 Index was last observed increasing daily by 1.5 percent.

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