The leaks will scupper any remaining expectations that Europe could receive gas via Nord Stream 1 before winter, analysts noted.
Henning Gloystein, director of energy, climate and resources and senior analyst Jason Bush, both at Eurasia Group, said in a note Tuesday that while German and Danish authorities said the cause of the leaks was unknown,"unplanned leaks to undersea pipelines are rare as they are designed to avert accidental damage."
"Depending on the scale of the damage, the leaks could even mean a permanent closure of both lines," Eurasia Group added.On Friday, Russian energy supplier Gazprom said it would not resume its supply of natural gas to Germany through the key Nord Stream 1 pipeline, blaming a malfunctioning turbine. Over the summer, Gazprom announced a sporadic stop of gas flows to Europe, citing the need for maintenance to the pipeline . Flows have now stopped altogether via the Nord Stream 1 gas pipeline, again after Gazprom said sanctions prevented maintenance being carried out, a claim widely debunked by experts in the gas industry and Siemens, which has provided and maintained equipment.
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