The expert estimated the cost of gas lost due to the breakthrough of the Nord Streams

MOSCOW, 27 Sep — PRIME. Gas worth more than $ 2 billion can be released into the air as a result of emergencies that occurred on the Nord Stream pipeline system, Alexander Sobko, an oil and gas and petrochemical industry analyst, calculated for RIA Novosti.

The German regulator announced the clarification of the details of the incident on the Nord Stream

“Based on rough estimates, one line contained gas worth $720 million, based on a pipe pressure of 300 bar and a spot price of $2,000 per thousand cubic meters,” Sobko said.

Thus, if we assume that there was a comparable volume of gas in Nord Stream, then its cost in three strings at the current spot price at the largest European hub TTF could be $2.16 billion.

However, the expert emphasizes that the situation with the incidents that have occurred is complicated and it is not clear whether it is planned that all the gas would come out of the pipelines. “Perhaps, it is necessary to maintain pressure in order, for example, to prevent water from entering the pipes. Then gas will flow all the time,” Sobko suggested.

On Monday, Nord Stream 2 AG reported that on one of the lines of Nord Stream 2 (it was filled with technical gas after construction), an emergency occurred in Danish waters near the island of Bornholm, accompanied by a sharp drop in pressure. In particular, the official representative of the operator noted that the pressure had dropped from 300 to 7 bar, the media wrote. The reasons are unknown, an investigation is underway, the company specified.

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Then, Nord Stream AG, the operator of Nord Stream, reported a decrease in pressure on both strings (it was stopped since the end of August, but was filled with gas). The reasons are also not known. According to information from the Danish and Swedish authorities, two gas leaks were discovered at Nord Stream in the northeast of Bornholm Island and one at Nord Stream 2 in the southeast of the island.

According to Bloomberg, Germany and Denmark do not rule out that the leaks at Nord Stream 1 and Nord Stream 2 were due to sabotage. So, an unnamed representative of the German security services told the agency that “the evidence indicates that it was more of a forceful action than a technical problem.” The Swedish seismic center said that powerful underwater explosions were registered in the area of ​​gas leaks from Nord Stream on Monday, a journalist from the Swedish TV channel SVT reports.

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