PARIS—European manufacturers are preparing for possible natural-gas rationing that would force them to shut production amid fears that Russia is about to cut off gas deliveries via its main artery to Europe.
On Monday the Nord Stream pipeline, which runs 760 miles from northwest Russia under the Baltic Sea to Germany, will go into annual maintenance for 10 days, repairs that are routine in peaceful times. European officials say that Moscow, which has already cut gas deliveries to 40% of the pipeline’s capacity, might not bring it back online.
Source: finance.yahoo.com
Related posts:
Young Bankers Worry About Nights Off Early and Dark Days Ahead
Subway’s CEO led turnarounds at Burger King and Avis. He’s doing it again before the sandwich chain’...
Tesla Sinks 50% From November Record High as Troubles Pile Up
Goldman Sachs might be trying to offload Apple's credit card and savings accounts
AMD Stock Gets Upgraded to a Buy. How Its Cloud Exposure Will Drive Growth.