A Baltic Sea gas pipeline that was torn apart last year in an incident still under police investigation has resumed commercial operation as planned after months of repair, operator Gasgrid Finland said on April 22.
The Balticconnector subsea gas link between Estonia and Finland was severely damaged in October along with three telecoms cables, hurting energy security and raising alarm bells in the wider region.
"I can already confirm that Balticconnector is operating normally," Gasgrid executive Janne Gronlund told Reuters.
Some 60 gigawatt hours (kWh) of natural gas would flow from Finland to Estonia on April 22, he added.
Finnish police have named the Hong Kong-flagged NewNew Polar Bear container ship as the prime suspect in causing the damage, saying last year it was too early to tell if this was an accident or a deliberate act.
A large anchor, believed to belong to the Chinese vessel, was found near the pipeline, and the investigators said the pipe and the telecoms cables were likely broken as the anchor was dragged across the sea bed.
Finland has said it held constructive talks with China over the incident and that Chinese authorities had promised full cooperation in the pipeline probe.
"There is progress in the investigation and we have cooperated with Chinese authorities in solving the case," Finland's National Bureau of Investigation told Reuters by email.
The Chinese vessels remains the focus of the probe, according to police.
"Container vessel NewNew Polar Bear and its anchor are considered to be connected to the pipeline damage," the NBI said, adding it would likely take months before final conclusions could be announced in the investigation.
China's embassy in Helsinki did not immediately respond to a Reuters request for comment.
The damage to the Balticconnector happened one year after the explosions in 2022 that destroyed the larger Nord Stream pipelines, which transported Russian gas to Germany. No suspects have been named in those blasts.
Balticconnector is jointly operated by Estonian electricity and gas system operator Elering and Finnish gas transmission system operator Gasgrid, which each own half of the pipeline.
The pipeline has a bigger northbound transmission capacity following the repairs thanks to an enhancement of the Latvia-Lithuania gas interconnection, which allows for higher volumes to be transported around the region, Finland has said.
Recommended Reading
Crescent Energy Closes $905MM Acquisition in Central Eagle Ford
2025-01-31 - Crescent Energy’s cash-and-stock acquisition of Carnelian Energy Capital Management-backed Ridgemar Energy includes potential contingency payments of up to $170 million through 2027.
Constellation Bets Big on NatGas in $16.4B Deal for Calpine
2025-01-10 - Constellation Energy will acquire Calpine Corp. in a $26.6 billion deal, including debt, that will give the pure-play nuclear company the largest natural gas power generation fleet.
Report: Will Civitas Sell D-J Basin, Buy Permian’s Double Eagle?
2025-01-15 - Civitas Resources could potentially sell its legacy Colorado position and buy more assets in the Permian Basin— possibly Double Eagle’s much-coveted position, according to analysts and media reports.
Petro-Victory Buys Oil Fields in Brazil’s Potiguar Basin
2025-02-10 - Petro-Victory Energy is growing its footprint in Brazil’s onshore Potiguar Basin with 13 new blocks, the company said Feb. 10.
Apollo Funds Acquires NatGas Treatment Provider Bold Production Services
2025-02-12 - Funds managed by Apollo Global Management Inc. have acquired a majority interest in Bold Production Services LLC, a provider of natural gas treatment solutions.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.