Will Russian gas flows resume via Nord Stream 1?

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Russian Gas Flows Via Nord Stream 1 Expected to Resume as Scheduled

Russian gas flows via the Nord Stream 1 pipeline are anticipated to restart on time tomorrow, following the completion of scheduled maintenance. This development comes as two sources familiar with the export plans indicated the resumption is expected.
Maintenance Completion and Resumption

The Nord Stream 1 pipeline is understood to have undergone scheduled maintenance. Industry sources have indicated that the process is concluding, with expectations for gas flows to recommence as planned.
Market Expectations and Dollar Movement

The potential restart of Russian gas flows is a significant factor influencing currency markets. The euro saw an increase against the dollar, moving away from recent sub-parity levels, partly due to expectations for a larger-than-expected interest rate hike from the European Central Bank and a tempering of expectations for a US Federal Reserve hike.
Broader Economic Concerns

Despite the positive outlook for gas flows, broader economic concerns persist. Analysts remain cautious about sustained euro strength, citing ongoing worries regarding natural gas supplies and the potential impact on the European economy. The effectiveness of the European Central Bank's monetary policy in the face of these challenges is also a point of consideration.

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Will Russian gas flows resume via Nord Stream 1?

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