Gazprom will stop gas supplies to Germany via the Nord Stream 1 gas pipeline between August 31, 01:00 GMT and September 3, 01:00 GMT, for maintenance work, according to energy information platform Seeburger, Reuters reports.

Energy prices in Europe fell on Tuesday on signs that the region is stepping up efforts to ease a crisis that threatens to trigger a recession.

In Germany, energy futures for next year fell 26%, while in the Netherlands the price of natural gas fell 11%. Both contracts also fell on Monday, after last week’s record increase, according to Agerpres.

Prices have been extremely volatile in recent days, due to the reduced level of transactions and increasing uncertainties.

The European Union is preparing to intervene quickly to mitigate rising energy costs, which are fueling inflation and increasing the risk of recession. And the gas storage capacities in the region are filling up quickly, increasing the chances that Europe will get through this winter, being well supplied.