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Home / WORLD / Nord Stream to restart on schedule – Reuters

Nord Stream to restart on schedule – Reuters

Russia will resume natural gas deliveries to the EU via the Nord Stream 1 pipeline as scheduled on Thursday, once annual maintenance work is completed, Reuters reported on Tuesday, citing its sources.

The pipeline, a key transporter of Russian gas to Germany, was shut down for maintenance last week, with many in the EU fearing that the flow would not be resumed. Earlier on Tuesday, the Wall Street Journal reported that the European Commission did not expect the pipeline to restart on the target date of July 21.

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Last month, Gazprom reduced gas flow by 60%, saying Canada’s failure to return a turbine following repairs prevented Nord Stream 1 from operating at normal capacity. The turbine has since been reported to be on the way to Russia.

READ MORE: Germany reacts to Gazprom’s force majeure gas cutoff claim

According to Reuters, gas flow will resume at the level seen before the shutdown, at less than full capacity of some 160 million cubic metres (mcm) per day.

Moscow has repeatedly said it remains a reliable supplier of natural gas and will stick to its contractual obligations to customers.

For more stories on economy & finance visit RT’s business section

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