Russia looks set to resume gas supplies through its key pipeline to Europe, a relief for markets even as fears persist about more halts this winter.
Grid data indicate that flows will resume on Saturday at 20% of capacity as planned. It’s become a persistent worry among policy makers in Europe that when Russia shuts the Nord Stream pipeline for what it says is necessary maintenance, it may not restart.
European benchmark gas futures plunged as much as 9.5%, but pared some of the losses as traders considered the risk of further halts of the pipeline. Germany has already said