• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Nearly 75% of new homeowners spend $10,000 on surprise repairs within 2 years — and some never budgeted for them

August 2, 2026

UNEARTHED INTERVIEW Reveals Wisconsin’s Dem-Socialist “Abolish ICE and Prisons” Frontrunner for Governor Admits to Being Diagnosed With Bipolar Disorder, Cutting Herself On Purpose, Spent Time in Psychiatric Hospital

August 2, 2026

British Band Massive Attack Banned in Singapore over Pro-Palestinian Flag Display

August 2, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Sunday, August 2
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    UNEARTHED INTERVIEW Reveals Wisconsin’s Dem-Socialist “Abolish ICE and Prisons” Frontrunner for Governor Admits to Being Diagnosed With Bipolar Disorder, Cutting Herself On Purpose, Spent Time in Psychiatric Hospital

    August 2, 2026

    Nutcase James Talarico Tries to Suggest the Bible Requires the Passage of a Government-Run Healthcare System (VIDEO)

    August 2, 2026

    President Trump Announces Perimeters of Peace Deal with Iran Has Been Agreed To – Halts All Planned US Airstrikes on Iran

    August 2, 2026

    ‘They Hate America and Jews, They Just Can’t Say it Out Loud’ (VIDEO) * The Gateway Pundit * by Mike LaChance

    August 2, 2026

    ‘Anthony Fauci Had No Right to Invoke the Fifth Amendment After Receiving Immunity’ (VIDEO) * The Gateway Pundit * by Mike LaChance

    August 2, 2026
  • Health

    Thousands Of Seniors May Lose Medicare Advantage As Plan Exits Escalate

    August 2, 2026

    Medicare’s GLP-1 Bridge Demo Offers Access, But Isn’t Straightforward

    August 1, 2026

    Four In Five Toddler Foods Are Ultra-Processed, New Study Finds

    August 1, 2026

    Trump Administration Ends Program that Kept Medicare Premiums Down

    August 1, 2026

    A Medicare Drug Subsidy Is Ending—Here’s What Patients Should Know

    August 1, 2026
  • World

    Ancient Mummy DNA Reveals Colonization Spread Smallpox

    August 2, 2026

    U.S.-Saudi Consortium Plans $5 Billion Oil Refinery Away from Strait of Hormuz

    August 2, 2026

    Marjorie Taylor Greene Marries Brian Glenn In Las Vegas

    August 2, 2026

    CBP Recruiting Push Delivers Highest Border Staffing, Lowest Migrant Arrests in Decades

    August 2, 2026

    Jon Stewart Reacts To Democratic National Committee Chaos Before Midterms

    August 2, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    Nearly 75% of new homeowners spend $10,000 on surprise repairs within 2 years — and some never budgeted for them

    August 2, 2026

    Rates a bit lower than last week

    August 2, 2026

    Brookfield Infrastructure Partners Q2 Earnings Call Highlights

    August 2, 2026

    J.P. Morgan drops Fed rate bombshell over Warsh, inflation

    August 2, 2026

    Corn Closes July with Weakness

    August 2, 2026
  • Tech

    White House Uses Anti-ICE Rapper Bad Bunny’s Music for Deportation Montage

    August 2, 2026

    NewsGuard Backer Publicis Buying AdTech Company that Pitched Blacklists as ‘Anti-Racism’ Tool

    August 2, 2026

    China Eyes Limits on Foreign AI Access as America Weighs Its Own Restrictions

    August 1, 2026

    Silicon Valley Is Falling Out of Love with Anthropic AI

    August 1, 2026

    WSJ Reports That Tesla Wants to Divest China Operations to Facilitate SpaceX Merger, Elon Musk Calls It ‘Fake News’

    August 1, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»Finland says ‘outside activity’ likely damaged gas pipeline, telecoms cable
Business

Finland says ‘outside activity’ likely damaged gas pipeline, telecoms cable

October 10, 2023No Comments6 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
  • Gas pipeline, telecoms cable connect Finland and Estonia
  • Cause of the damage, and who did it, unclear – Finnish PM
  • No threat to energy safety, telecommunications – Finnish PM
  • European gas prices rise on the news

HELSINKI, Oct 10 (Reuters) – A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea have been damaged in what may have been a deliberate act, the Finnish government said on Tuesday.

NATO Secretary General Jens Stoltenberg said NATO was sharing its information over the damage and stands ready to support the allies concerned. Finland joined the military alliance in April, while Estonia has been a member since 2004.

The Balticconnector gas pipeline was shut early on Sunday on concerns that gas was leaking from a hole in the 77-km (48-mile) pipeline. Finnish operator Gasgrid said it could take months or more to repair.

“It is likely that damage to both the gas pipeline and the communication cable is the result of outside activity. The cause of the damage is not yet clear, the investigation continues in cooperation between Finland and Estonia,” Finnish President Sauli Niinisto said in a statement on Tuesday.

Finnish Prime Minister Petteri Orpo said the damage to the pipeline was “worrying”, but that Finland’s energy supply remained stable and that the damage to the telecommunications cable did not affect Finland’s overall connectivity.

“It is too early to draw conclusions on who or what caused the damage,” Orpo told a press conference.

Gas accounts for 5% of Finland’s energy supply, he added.

Finnish telecommunications operator Elisa, which operates the damaged cable, told Reuters the distance from the cable to the Balticconnector pipeline was “significant”, but declined to comment on the exact length between them.

See also  JPMorgan CEO Jamie Dimon blasts draft capital rules

The damage to the gas pipeline was believed to have taken place in Finnish waters, while the telecoms cable breach was in Estonian waters, Finnish authorities said.

Prior to the war in Ukraine, some of the gas transported by the Balticconnector came via pipeline from neighbouring Russia, but Finland has since year stopped importing Russian pipeline gas.

Norwegian seismology institute Norsar said on Tuesday it had identified “a probable explosion” close to the location of the pipeline in the Baltic Sea at around the time of the outage early on Sunday, but said there was significant uncertainty in the data and that more analysis was required.

The indication of an explosion came from data collected at seismic stations along the Finnish coast, Norsar said.

DELIBERATE OR ACCIDENTAL?

A spokesperson for the Finnish defence forces said it did currently not see any military threat against Finland.

The Finnish bureau of investigation has initiated an investigation into the external damage to the pipeline.

“We are still verifying if the damage is caused deliberately or accidentally,” the bureau said, though it added that the size of the damage was such that it indicated deliberate action.

Causing this kind of damage to the pipeline requires “special knowledge”, the Finnish national bureau of investigation said.

“This act could not have been done by an ordinary person,” Detective Inspector Timo Kilpelainen told reporters.

[1/4]The picture provided by The Finnish Border Guard shows Finnish Border Guard’s offshore patrol vessel Turva guarding on October 10, 2023 at sea near the place where damaged Balticconnector gas pipeline is pinpointed at the Gulf of Finland. Finnish and Estonian gas network companies noticed an… Acquire Licensing Rights Read more

See also  Problem-Riddled Boeing More Concerned With Production Speed Than Quality, Senate Investigation Finds 

The Balticconnector runs to a depth of 100 metres (328 feet) at its deepest point, according to operator Gasgrid.

European gas prices rose on Tuesday afternoon following the news, with the benchmark front-month Dutch contract touching 49.75 euros ($52.72) a megawatt hour (MWh) according to LSEG data, its highest level for six months.

Prices were already up on Tuesday due to fears over tensions in the Middle East but expectations that outside activity caused the pipeline damage pushed prices in the nervous market higher.

The Finnish government said repairs would take months, and that the cost of gas in Finland could slightly increase over the winter as a result of the leak but that electricity prices would likely not be affected significantly.

“The fall in pipeline pressure was quite fast, which would indicate it’s not a minor breach. But the cause of it remains unclear,” said a Baltic energy official with knowledge of the situation, who spoke to Reuters on condition of anonymity.

The pipeline between Inkoo in Finland and Paldiski in Estonia crosses the Gulf of Finland, an arm of the Baltic Sea that stretches eastwards into Russian waters and ends at the port of St Petersburg.

NORD STREAM

In 2022, the larger Nord Stream gas pipelines which cross the Baltic Sea between Russia and Germany were damaged by explosions that authorities have said were deliberate acts of sabotage.

The Nord Stream blasts were of a much greater magnitude than the signals from Sunday’s data indicated, Norsar said.

The Balticconnector pipeline opened in December 2019 to help integrate gas markets in the region, giving Finland and the Baltic nations of Estonia, Latvia and Lithuania more flexibility of supply.

See also  Meteorologist Names 2023 U.S. Heat Waves After Oil, Gas Companies: Amoco, BP, Chevron

Elering and Gasgrid have both said they did not anticipate shortages of gas even if the pipeline were to remain inoperable during winter.

Lithuanian gas system operator Amber Grid said Latvia’s Incukalns gas storage has switched from storing gas to pumping it out immediately after the Balticconnector damage, in order to supply Estonia.

Finland last year leased a floating storage and regasification unit (FSRU) to receive liquefied natural gas (LNG), replacing supplies from Russia which were cut in the wake of Moscow’s invasion of Ukraine.

Much of Finland’s LNG imports come from the United States, LSEG data shows.

Situated at Inkoo, the Exemplar FSRU vessel has supplied gas to Estonia via the Balticconnector.

“(It’s) not a big deal for Estonia and Latvia because a lot of their gas is stored in Latvian storage, but Finns will not be able to get their gas from Latvian storage,” said a source with direct knowledge of Baltic gas supplies.

Finland has a second LNG import terminal in Hamina, and “the continuity of gas supply is secured in the coming winter season,” national operator Gasgrid said in a statement.

($1 = 0.9437 euros)

Reporting by Terje Solsvik and Nerijus Adomaitis in Oslo, Anne Kauranen in Helsinki, Anna Ringstrom in Stockholm, Andrius Sytas in Vilnius, Marta Frackowiak in Gdansk, Louise Rasmussen in Copenhagen, Susanna Twidale in London; Julia Payne and Bart Meijer in Brussels; editing by Gwladys Fouche, Susan Fenton, Jonathan Oatis and Sharon Singleton

: .

Acquire Licensing Rights, opens new tab
activity Cable Damaged Finland Gas pipeline telecoms
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Gas prices fell, but grocery bills kept climbing

July 16, 2026

Texas-Based Group Facing Terrorism Charges for Alleged Sinaloa Cartel Weapons Pipeline

July 14, 2026

ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

July 10, 2026

Kalshi traders see higher gas prices lasting through election day

July 9, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Trump Cabinet Official Offers Most Undiplomatic Commentary On Iran World Cup Exit

June 30, 2026

Prince Harry Faces Fresh Bald Mockery After Hair Comments

July 24, 2026

Jon Jones Challenges Tyson Fury After Joe Rogan Comments: ‘Give Dana a Call’

May 20, 2023

Democrats fume at Biden over debt ceiling crisis — then it gets worse when reporter reveals Biden’s weekend plans

May 26, 2023
Don't Miss

Nearly 75% of new homeowners spend $10,000 on surprise repairs within 2 years — and some never budgeted for them

Finance August 2, 2026

Cindy Shebley/Getty Images First-time homebuyers have their fair share of ups and downs to deal…

UNEARTHED INTERVIEW Reveals Wisconsin’s Dem-Socialist “Abolish ICE and Prisons” Frontrunner for Governor Admits to Being Diagnosed With Bipolar Disorder, Cutting Herself On Purpose, Spent Time in Psychiatric Hospital

August 2, 2026

British Band Massive Attack Banned in Singapore over Pro-Palestinian Flag Display

August 2, 2026

Thousands Of Seniors May Lose Medicare Advantage As Plan Exits Escalate

August 2, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (6,036)
  • Finance (4,432)
  • Health (2,644)
  • Lifestyle (1,904)
  • Politics (4,085)
  • Sports (4,994)
  • Tech (2,462)
  • Uncategorized (4)
  • World (6,080)
Our Picks

Global Team of Researchers Debunks Claim of Room-Temperature Superconductor

August 19, 2023

SpaceX IPO Nears and Retail Makes a Comeback

May 30, 2026

AECOM (ACM) is Inspiring Confidence With New Projects

July 6, 2026
Popular Posts

Nearly 75% of new homeowners spend $10,000 on surprise repairs within 2 years — and some never budgeted for them

August 2, 2026

UNEARTHED INTERVIEW Reveals Wisconsin’s Dem-Socialist “Abolish ICE and Prisons” Frontrunner for Governor Admits to Being Diagnosed With Bipolar Disorder, Cutting Herself On Purpose, Spent Time in Psychiatric Hospital

August 2, 2026

British Band Massive Attack Banned in Singapore over Pro-Palestinian Flag Display

August 2, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.