MOSCOW (AP) — Russian energy giant Gazprom on Friday raised the possibility of a prolonged halt of natural gas supply through a key pipeline to Germany, citing the need for urgent maintenance work.
The Russian state-run energy company said in a social media post that it had identified “malfunctions” of a key turbine along the Nord Stream 1 pipeline, which carries natural gas from Western Russia to Germany. It said the pipeline will not work unless these are eliminated.
Early on Wednesday, Gazprom completely halted the flow of gas through Nord Stream 1, in line with an earlier announcement, adding that the stoppage would last for three days.
The company said work was necessary on the only remaining functioning turbine at the Portovaya compressor station at the Russian end of the pipeline but German officials cast doubt on that explanation.
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
