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Nord Stream 1 Bolstering Gas Supply Across Europe

NATURAL GAS

Austria’s OMV expect gas deliveries from Gazprom at approximately 50% of their agreed volume today, returning to a similar level prior to Nord Stream 1 maintenance.

  • The actual amount will be clearer later in the day OMV said.
  • Italy’s ENI expect to receive about 36 million cubic meters of gas, up from an average of 21 million cubic meters the last ten days.
  • Nord Stream 1 pipeline flows are now running at around 40% capacity, the same as before the maintenance period. TTF prices are down around 5% on the news.

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