Free Trial

Nord Stream Gas Leaks Settle Over Weekend

NATURAL GAS

Denmark’s Energy Agency announced on Sunday that gas leaks from the damaged Nord Stream 1 pipeline had finished. Gas out of the Nord Stream 2 pipeline stopped flowing on Saturday.

  • A total of four leaks were discovered last week on Nord Stream 1 and Nord Stream 2 after suspected blasts that damage the pipeline.
  • Industry experts believe that inner pipeline exposure to seawater may deem them permanently damaged.
  • Now that the pipelines are clear of gas, more thorough investigations to try and work out the cause of the blasts will be undertaken under joint efforts by a number of European nations.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.