Plausible theory about Nordstream pipelines

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Steven Pifer

4m • 4 tweets • 4 min read
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Since Sept 26, leaks reported in both #NordStream1 trunklines & one #NordStream2 trunkline. Danish & Swedish officials said leaks resulted from explosions. NATO, EU & others fingered #Russia as likely culprit. Predictably, Moscow denied involvement. 1/4
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Good reasons to suspect #Russia. Incapacitation of NS pipelines reminds Europe of Kremlin energy card and allows #Gazprom to claim force majeure to avoid penalties for non-delivery of gas. Pipeline attacks highlight European dependence on other underseas pipelines & cables. 2/4
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Have seen this before. In 2009, #Gazprom had contract to buy pipeline gas from #Turkmenistan, but falling demand for gas made contract unprofitable. Then pipeline went boom, letting Gazprom claim force majeure to get out of contract. Turkmen said #Russia blew up pipeline. 3/4
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#Russia and #Turkmenistan reached agreement 9 months later, and #Gazprom again began buying Turkmen gas...on basis of new contract with more flexible formula for price and specifying lower volume of gas. 4/4
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