MNI BRIEF: Trump Likely To Let Powell Serve Full Term-Moore

MNI BRIEF: Canada Household Debt Tops $3 Trillion In 3Q

MNI BRIEF: Trump Likely To Allow Powell To Serve Term - Moore

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI BRIEF: China To Keep Stabilising Housing Market - CEWC

MNI BRIEF: China Focus On Boosting Consumption In 2025

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

MNI: US JOBLESS CLAIMS +17K TO 242K IN DEC 07 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Nord Stream 1 Could Face Maintenance Delays: Habeck

NATURAL GAS

Germany should face the possibility that suspended gas flows through the Nord Stream 1 pipeline beyond the upcoming maintenance period will continue according to Economy Minister Robert Habeck on Saturday, speaking to Die Zeit newspaper.

  • "This could be rational, to keep overall prices and energy prices up in Germany and destroy unity and solidarity in the country. To rule this out is nothing that anyone in their right mind can do at this point," Habeck said, adding "You see a pattern and that can lead to this scenario,".
  • The Nord Stream 1 pipeline which is currently only running at 40% capacity, is due to be shut for maintenance between July 11-21 adding further pressure on German gas supply at a time when they are trying to increase domestic gas storage.
  • Lower flows of piped gas supplies from Russia are forcing European countries to source more expensive supplies from elsewhere.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.