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How will European gas prices be affected by Norway pipeline security concerns by March 31, 2025?
2
Resolution / Starting Odds
Significant increase (>20%) • 25%
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Reports from major financial news outlets or official energy market data
Story
Britain, Germany, US Step Up Surveillance Over Fears of Russian Sabotage to Norway Gas Pipelines
Dec 8, 2024, 10:37 AM
Security officials in Britain have intensified surveillance around vital gas pipelines connected to Norway due to mounting fears that Russia could sabotage the UK's gas supply, potentially triggering blackouts. This heightened alert comes in response to concerns that Russia might target subsea energy links, prompting Britain, Germany, and the U.S. to step up North Sea surveillance, including the deployment of RAF and Poseidon P-8 anti-submarine planes. The Royal Air Force (RAF) is also on alert over the threat of sabotage to key gas pipelines, as reported by The Telegraph.
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