Market Extra: Here’s what’s at stake if Russia doesn’t get a key European gas pipeline back up and running this week

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Investors will soon find out whether the world’s largest subsea pipeline, all 759 miles of it sitting under the Baltic Sea, will save Europe from a potentially devastating winter.

The so-called Nord Stream 1 pipeline, which normally transmits 55 billion cubic meters of natural gas a year from Russia to Germany, has been under planned repairs since July 11, and scheduled to be back up and running by Thursday.

Maybe.

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