Russia set to mothball damaged Nord Stream gas pipelines: Reuters sources

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Russia set to mothball damaged Nord Stream gas pipelines: Reuters sources
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Russia's ruptured undersea Nord Stream gas pipelines are set to be sealed up and mothballed as there are no immediate plans to repair or reactivate them, sources familiar with the plans have told Reuters.

Nord Stream 1 and Nord Stream 2, each consisting of two pipes, were built by Russia's state-controlled Gazprom to pump 110 billion cubic meters of natural gas a year to Germany under the Baltic Sea.

Gazprom has said it is technically possible to repair the ruptured lines, but two sources familiar with plans said Moscow saw little prospect of relations with the West improving enough in the foreseeable future for the pipelines to be needed. One of the Russian sources said that, if the seaborne liquefied natural gas from the United States that Europe is using to offset some of its Russian supplies became much more expensive, Europe might again be ready to buy more from Russia.

A spokesperson for Germany's E.ON, which also owns a stake in Nord Stream AG, said: "To our knowledge as a minority shareholder, no decision has been made, either for or against restoring the line."Moscow has maintained, without providing evidence, that the West was behind the blasts. Last month the White House dismissed as "complete fiction" a blog post by U.S. investigative journalist Seymour Hersh alleging that Washington was responsible.

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