EurOil - Europe Oil & Gas
Gazprom unit that operates pipeline said to be withdrawing all technical support.
The disabling of Nord Stream has spooked markets as it removes the possibility of resuming deliveries of gas in the depth of winter if an energy crisis becomes acute.
One of the side-effects of the EU stepping up imports of US oil is that it has increased European demand for Russian diesel.
Warsaw fears sabotage of Nord Stream on same day Baltic Pipe opened was no coincidence.
Social media loves a good conspiracy theory, but it has gone off the Richter scale speculating on who was behind the take-down of the four Nord Stream gas pipelines, two of which sprang leaks on Sunday night as we reported yesterday morning.
Explosions were registered by seismologists in Sweden over the last 36 hours, according to the country’s national broadcaster SVT, in the same areas where gas leaks were reported to have occurred at the Nord Stream 1 and 2 pipelines yesterday, stokin
Natural gas leaks have now been reported at both Russia’s Nord Stream 1 and Nord Stream 2 pipelines, and while the reasons are unclear, the fact that both pipelines suffered leaks on the same day has prompted speculation of sabotage.
Pressure fell in both branches of the Nord Stream gas pipeline from the giant Russian Yamal Arctic gas fields to Germany during the evening of September 26, reportedly due to a leak.
Sofia paid over €1.5bn for its section of the Balkan Stream pipeline, which has never delivered any gas to Bulgaria.
Algeria will be able to supply Italy with at least 25bn cubic metres of natural gas this year, said Tewfik Hakkar, the CEO of the national oil company Sonatrach.