Comment on This map shows where Europe gets its natural gas - and economic disaster is looming if Russia cuts off its fuel supply

This map shows where Europe gets its natural gas - and economic disaster is looming if Russia cuts off its fuel supply

Russia cut the capacity of its Nord Stream 1 natural gas pipeline to just 20% last month.Sean Gallup/Getty Images Russia has stoked up Europe's energy crisis by cutting the capacity of the Nord Stream 1 pipeline to 20% But the continent also receives gas supplies from Azerbaijan, North Africa, and the North Sea. Many countries also import gas by ship, with it traveling through liquefied natural gas ports. Russia is choking off Europe's natural gas supply in a bid to hit back against western sanctions.It cut the capacity of the Nord Stream 1 pipeline to Germany to just 20% last month, contributing to the continent's energy crisis.Key gas benchmarks have soared since the start of June, with TTF Dutch natural gas futures surging 129% to 194 euros ($198) per-megawatt-hour."European gas prices are soaring again, approaching record highs, as a result of Nord Stream 1 flows falling to just 20% of capacity due to ongoing maintenance," Rystad energy analyst Karolina Siemieniuk said in a recent research note.

 

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