Saturday, April 2, 2022

So much for dancing with the devil

Gazprom Halts Gas Shipments To Europe Via Critical Pipeline

Tyler Durden's Photo
SATURDAY, APR 02, 2022 - 06:55 AM

After European nations imported the most gas from Russian sources yesterday in months, scrambling to stock up on supplies as Russian President Vladimir Putin's deadline to either pay for gas in rubles (or be cut off) came and wentRussian gas giant Gazprom has officially halted all deliveries to Europe via the Yamal-Europe pipeline, a critical artery for European energy supplies.

Instead of flowing toward Germany and the EU, gas supplies on Friday and Saturday started flowing in the opposite direction, according to Gascade, the network operator.

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