Goldman Sachs said back in early July that they expect Russia to cut gas flows to 40% capacity once the Nordstream pipeline reopens after its maintenance closure July 11 - 21.
GS have reiterated this view. GS says Russia will reinstate flows to ensure revenue, ensure production.
GS note that cutting the flow like this would make it very difficult for Europe to restock gas for the winter period.
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EUR/USD had a solid run higher on Tuesday as fears of a Russian shut-off of gas eased. This mooted restriction in flows might well give the market an excuse to take EUR back down a little from here.
