Russia Will Honor its Natural Gas Commitments to Europe

Putin said Gazprom will restart gas supplies to Europe via the Nord Stream 1 pipeline on schedule Thursday — but at a drastically reduced capacity.

Tensions are rising in Russia following Saturday's violence when a paramilitary group led by Yevgeny Prigozhin seized the city of Rostov.
Tensions are rising in Russia following Saturday’s violence when a paramilitary group led by Yevgeny Prigozhin seized the city of Rostov.
(File Photo)

Putin said Gazprom will restart gas supplies to Europe via the Nord Stream 1 pipeline on schedule Thursday — but at a drastically reduced capacity. Officially the pipeline is closed for maintenance. Some suspect Russia is manipulating gas flows as a political tool in retaliation for the EU’s support of Ukraine. Long-time Pro Farmer Economic Consultant Vince Malanga said, “From a purely economic vantage point it makes no sense for Russia to curtail gas supplies to Europe. But if it does, it would be a serious negative wild card affecting the global economy. We are hopeful weaponizing energy does not come to fruition.”

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