European Natural Gas Prices Rise As Gazprom May Halt Gas Flows To Moldova

European Natural Gas Prices Rise As Gazprom May Halt Gas Flows To Moldova

OilPrice.com

Published

European natural gas prices could surge as new reports indicate Gazprom will halt all natural gas flows to Moldova, an Eastern European country, in 48 hours over non-payment for its gas consumption. The news follows Germany's energy regulator, which suspended the approval process for the Nord Stream 2 pipeline last week. Russian President Vladimir Putin continues to exert pressure on Europe with declining gas flows amid the onset of the Northern Hemisphere winter.  The crux of the issue is that Moldova has yet to pay its energy bill…

Full Article