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Cable breaks 1.1500


Cable is through session low


Bullish Outlook Remains Intact

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According to Reuters, Vitaly Markelov, the senior manager of Russia's state owned gas company Gazprom has said that the deliver of a the Nord Stream 1 gas turbine from Canada to Germany after maintenance was not in line with the agreed contract.

  • Gazprom: "The supply of a turbine for Nord Stream from Canada to Germany does not comply with the terms of the contract. To date, the holding does not have a complete package of documents allowing the transportation and repair of engines for Nord Stream."
  • CGTN: "Gazprom says it did not give permission for a gas turbine from Nord Stream pipeline to be sent to Germany instead of Russia."

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