Key Russian Pipeline Resumes Pumping Gas To Europe

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Key Russian Pipeline Resumes Pumping Gas To Europe

Russia resumes pumping gas to Europe through its biggest pipeline.

It comes after warnings Russia could curb or halt supplies.

The Nord Stream 1 pipeline restarted following a 10-day maintenance break but at a reduced level.

On Wednesday, the European Commission urged countries to cut gas use by 15% over the next seven months in case Russia switched off Europe’s supply.

Russia supplied Europe with 40% of its natural gas last year.

Germany was the continent’s largest importer in 2020.

However, it has reduced its dependence on Russian gas from 55% to 35%.

Eventually, it wants to stop using gas from Russia altogether.

Russia’s invasion of Ukraine in February sent wholesale gas prices soaring in Europe, with a knock-on impact on consumer energy bills.