A gas pipeline crack at Norway's Sleipner platform raised concerns of a 20% loss in Norwegian gas imports, impacting European gas prices.
A small crack in a gas pipeline at Norway's Sleipner platform, a key connection point in Europe's gas network, raised concerns about potential 20% loss of Norwegian gas imports, leading to panic and a sharp rise in European wholesale gas prices. The incident highlights the vulnerability of European gas markets to unexpected disruptions and the need for attention and maintenance to ageing oil and gas infrastructure.
June 06, 2024
5 Articles