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Russia Bans Gas Flows to Europe Through Key Yamal Pipeline

From bnnbloomberg.ca

Russia has banned Gazprom PJSC from shipping gas to Europe through the Polish section of the Yamal pipeline in retaliation for international sanctions, potentially putting the continent’s energy security further at risk. The government decision, published Wednesday, prohibits Gazprom from any cooperation with EuRoPol GAZ, which owns the Polish section of the pipeline, just as Europe is already facing reduced Russian deliveries via Ukraine. The Yamal-Europe pipeline, barely used this year, has been seen as a potential alternative route in case Russian transits via Ukraine stop during the chaos of war. Adding to the ... (full story)

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  • Category: Fundamental Analysis