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European Energy Security Faces New Risks With Nord Stream Explosions — Cyril Widdershoven

Summary:
The leakages and explosions at the Nord Stream and Nord Stream 2 pipelines take the European energy crisis to another level.Analysts are worried that the leakages and explosions on both lines are not an incident but linked to the launch of the Baltic Pipe.A disruption of Norwegian energy supplies to the European Union or the UK could lead to faster depletion of natural gas storage facilities in Europe this winter.Taking economic warfare to a new level.OilpriceEuropean Energy Security Faces New Risks With Nord Stream ExplosionsCyril Widdershoven

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  • The leakages and explosions at the Nord Stream and Nord Stream 2 pipelines take the European energy crisis to another level.
  • Analysts are worried that the leakages and explosions on both lines are not an incident but linked to the launch of the Baltic Pipe.
  • A disruption of Norwegian energy supplies to the European Union or the UK could lead to faster depletion of natural gas storage facilities in Europe this winter.
Taking economic warfare to a new level.

Oilprice
European Energy Security Faces New Risks With Nord Stream Explosions
Cyril Widdershoven
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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