Europe fears energy crisis as Russia shuts off key gas pipeline

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Europe fears energy crisis as Russia shuts off key gas pipeline
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Europe is fearful that the Kremlin will indefinitely extend this week’s planned shutdown of a key Russian natural gas pipeline in a bid to ratchet up pressure on Western nations during the war in U…

Europe is fearful that the Kremlin will indefinitely extend this week’s planned shutdown of a key Russian natural gas pipeline in a bid to ratchet up pressure on Western nations during the war in Ukraine, according to multiple reports.

But rising tensions between Russia and Western allies have added to concerns that Russian President Vladimir Putin will cut off the flow of natural gasin response to crippling economic sanctions — a move that could push Europe into a full-blown energy crisis. Europe has expressed concern that Russian President Vladimir Putin will order an extended shutdown of the pipeline.The Nord Stream 1 pipeline supplies about 55 billion cubic meters of natural gas to Europe each year. Russia already cut the flow of natural gas to 40% of its capacity last month, citing the delayed return of a key piece of equipment undergoing repair work in Canada.

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