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Monday, January 20, 2025

Nord Stream 1: Gazprom announces indefinite shutdown of pipeline

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Russian energy company had been due to resume gas delivery to Germany on Saturday morning

The Russian energy major Gazprom extended the shutdown of gas flows through its key Nord Stream 1 pipeline to Germany on Friday evening, providing no timeframe for a reopening.

The move came hours after G7 countries agreed to impose a price cap on Russian oil in an attempt to stem the flow of funds to Vladimir Putin’s regime.

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