Balticconnector gas pipeline will be put into service at the earliest in April 2024

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The damaged Balticconnector gas pipeline between Finland and Estonia will not be put into operation until April 2024 at the earliest. In this respect reports operator Gasgrid Finland.

“According to preliminary expert estimates, it can be assumed that repair activities will take at least five months, including planning the repair work, mobilizing the necessary underwater equipment and, in fact, inspection and commissioning of the repaired section of the pipe.” the report says.

It is stated that gas is not transferred between countries through natural gas pipelines.

Previously reportedDamage to the Balticconnector gas pipeline will lead to an increase in gas prices for Finland. According to expert Andrei Loboda, about a third of Finnish consumers were left without supply through this gas pipeline. However, the country can receive LNG through a floating terminal, including the Russian terminal. Loboda noted that it is not difficult to compensate for the lost volumes through Balticconnector, but at higher prices. Yesterday, the price of gas in Europe exceeded 500 dollars per 1 thousand cubic meters.

Previously in the Kremlin very thankful It results in Russian energy.

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