{"id":52104,"date":"2021-10-06T22:34:51","date_gmt":"2021-10-06T18:34:51","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=52104"},"modified":"2021-10-06T22:34:58","modified_gmt":"2021-10-06T18:34:58","slug":"russia-nord-stream-2-could-cool-gas-prices-in-europe","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/russia-nord-stream-2-could-cool-gas-prices-in-europe\/10\/06\/market-updates\/","title":{"rendered":"Russia: Nord Stream 2 could cool gas prices in Europe"},"content":{"rendered":"\n<p>Russian Deputy Prime Minister Alexander Novak said on Wednesday that certification of the Nord Stream 2 undersea gas pipeline could soften the crisis due to hiking European gas prices.<br><br>Prices have spiked in response to a recovery in demand, particularly from Asia, when storage levels are low.<br><br>European Dutch wholesale gas for November delivery has jumped almost eightfold since the start of the year and reached an all-time high of over 150 euros per megawatt hour in the early hours of Wednesday. It reversed gains and fell to 114 euros by 1500 GMT.<br><br>Nord Stream 2, which runs on the bed of the Baltic Sea from Russia to Germany, is expecting certification from Germany, which could take a few months. The pipeline has faced resistance from the United States, which says the project will increase Europe&#8217;s reliance on Russian energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russian Deputy Prime Minister Alexander Novak said on Wednesday that certification of the Nord Stream 2 undersea gas pipeline could soften the crisis due to hiking European gas prices.Prices have spiked in response to a recovery in demand, particularly from Asia, when storage levels are low.European Dutch wholesale gas for November delivery has jumped almost &hellip;<\/p>\n","protected":false},"author":13,"featured_media":52108,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[7679,7682,7681,6875,7662],"class_list":["post-52104","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates","tag-energy-crisis","tag-gas-prices","tag-nord-stream","tag-russia","tag-winter"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/52104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=52104"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/52104\/revisions"}],"predecessor-version":[{"id":52109,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/52104\/revisions\/52109"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52108"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=52104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=52104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=52104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}