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(ZEROHEDGE) – After more than a week of maintenance, Russia resumed sending natural gas to Europe through the Nord Stream pipeline system, dispelling investors' fears of a "Doomsday" scenario.
Around 0700-0800 local time, Russian NatGas flowed through the biggest pipeline into Europe at roughly 40% capacity, the same level before flows were curtailed to zero for ten days of planned maintenance.
Dutch front-month futures, the European benchmark, sank on this bearish development, dropping as much as 6.5% to 145 euros a megawatt-hour and trading around 146 euros at 0700 ET.
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