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home / news releases / shutting down nord stream marks the point of no retu

OGZPY - Shutting Down Nord Stream Marks The Point Of No Return For Russian Gas

PJSC Gazprom ADR

Summary

  • Russia’s Gazprom stated that it had identified a defect in the last working turbine of the Nord Stream gas pipeline that carries Russian gas under the Baltic Sea to Germany.
  • It’s not just a difficult winter that lies ahead for Europe, but at least two or three difficult years.
  • Europe will not be investing in any projects that would make it dependent on Russian supplies any time soon, even if a strongly pro-European government comes to power in Russia in the future.

For further details see:

Shutting Down Nord Stream Marks The Point Of No Return For Russian Gas
Stock Information
Company Name: PJSC Gazprom ADR
Stock Symbol: OGZPY
Market: OTC
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