• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 5 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 hours How Far Have We Really Gotten With Alternative Energy
  • 8 days They pay YOU to TAKE Natural Gas
  • 5 days What fool thought this was a good idea...
  • 8 days Why does this keep coming up? (The Renewable Energy Land Rush Could Threaten Food Security)
  • 3 days A question...
  • 14 days The United States produced more crude oil than any nation, at any time.
ZeroHedge

ZeroHedge

The leading economics blog online covering financial issues, geopolitics and trading.

More Info

Premium Content

NATO Chief Warns Of Potential 'Response' To Sabotage Of Finland Pipeline

  • On Wednesday, NATO Secretary General Jens Stoltenberg met with EU officials about the damage sustained on the 77-kilometer Balticconnector pipeline.
  • On Tuesday, Finnish Prime Minister Petteri Orpo said the leak was triggered by an "external source" but failed to speculate on who caused it.
  • Bloomberg quoted seismologist Jari Kortstrom at the University of Helsinki, who said Finland detected a small seismic event around the time the pipeline sustained damage.
NATO

Finland and other Baltic countries are on high alert as a natural gas undersea pipeline leak was detected on Sunday from Finland to Estonia. EU officials already suspect the leak was caused by a 'deliberate act of destruction,' which fuels concerns about 'Nordstream 2.0' and Europe's energy security ahead of the Northern Hemisphere winter. 

On Wednesday, NATO Secretary General Jens Stoltenberg met with EU officials about the damage sustained on the 77-kilometer (48-mile) Balticconnector pipeline, first detected by one of the two pipeline operators, Finland's Gasgrid, on Sunday morning. 

Stoltenberg said he also plans to meet with defense ministers in Brussels and discuss more about the pipeline leak.

 He said, "The important thing now is to establish what happened and how this could happen ... and if it is proven to be a deliberate attack on NATO critical infrastructure, then this will be serious but will also be met by a united and determined response from NATO."

On Tuesday, Finnish Prime Minister Petteri Orpo said the leak was triggered by an "external source" but failed to speculate on who caused it. 

Earlier today, Dmitry Peskov, the spokesman for Russian President Putin, said the damaged pipeline is very "alarming news." According to the state media Tass News, Peskov said the Kremlin awaits further details. He added explosions that damaged the nearby Nord Stream pipeline one year ago have set "dangerous precedents" across the Baltic Sea.

Source: Reuters

Meanwhile, Estonian Navy Commander Juri Saska told public broadcaster ERR Tuesday night, "Something has dragged this pipe from one side to the other." 

"If I try to paint a picture of what I've seen without showing it to you, then the pipe itself is covered with a concrete shell," Saska said. "And it looks just as if someone has torn it from the side and the concrete has broken off or peeled off from the damaged area."

Bloomberg quoted seismologist Jari Kortstrom at the University of Helsinki, who said Finland detected a small seismic event around the time the pipeline sustained damage. 

To note, the pipeline sits above a heavily trafficked shipping lane in the Baltic Sea. 

ADVERTISEMENT

"While the rupture of the pipeline is not significant for the wider European gas market, it raises questions about the security of supply just as Europe goes into winter," Bloomberg said. 

By Zerohedge.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment
  • Mamdouh Salameh on October 11 2023 said:
    US-led NATO could be preparing the ground to accuse Russia as being behind the Baltic pipeline incident and making it look as if this is Russia’s retaliation against the sabotage of both Nord Stream 1 and Nord Stream 2 gas pipelines. It is also their way of muddying the water to mask those behind the sabotage of the Russian gas pipelines.

    However, this won’t work because Russia would never involve itself in such immoral actions of sabotage and second it would have chosen a far bigger target to retaliate against those who sabotaged its gas pipelines.

    Once Russia’s hands are free from the Ukraine conflict, it will chose a way to punish those who sabotaged its gas pipelines. The United States and NATO should be on notice.

    Dr Mamdouh G Salameh
    International Oil Economist
    Global Energy Expert
  • Mamdouh Salameh on October 11 2023 said:
    May be US-led NATO could also be preparing the ground to sabotage Russia's Turk Stream gas pipeline which brings Russian gas to Turkey under the Black Sea and from there to Europe. This would sever all pipe gas connections between Russia and the EU. This has always been the strategic target of the United States.

    Dr Mamdouh G Salameh
    International Oil Economist
    Global Energy Expert

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News