Sweden reports leaks on Nord Stream 1, shortly after damage found on Nord Stream 2

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Sweden reports leaks on Nord Stream 1, shortly after damage found on Nord Stream 2
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Swedish maritime authorities have warned of two leaks on Russia’s Nord Stream 1 natural gas pipeline. The leaks, located northeast of Danish island Bornholm, were reported after a report of an overnight gas leak from the non-operational Nord Stream 2.

The leaks, located northeast of Danish island Bornholm, were reported shortly after another report of an overnight gas leak from the non-operational Nord Stream 2 pipeline.

“There are two leaks on Nord Stream 1 – one in Swedish economic zone and one in Danish economic zone. They are very near each other,” a Swedish Maritime Administration spokesperson told Reuters. According to a Reuters report, even Kremlin spokesman Dmitry Peskov has said “no option can be ruled out right now” when asked if the pipeline was damaged through sabotage.

“Near term the impact is limited but as temperatures drop and physical demand for gas for heating increases it is likely to help push up prices into the winter,” he added.At the beginning of September, Russian state-owned Gazprom halted gas flows from the pipeline to Germany indefinitely, sending the Dutch TTF gas futures for September to a tail spinning highs of €345.52 per MWh.

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