It wasn’t originally reported, but of the 4 total gas lines lines that make up the Nord Stream 1 & 2 pipelines only 3 were damaged in the 4 explosions. A single pipeline on Nord Stream 2 remains functional:
“Kremlin-controlled Gazprom (GAZP.MM) also said flows could resume at the last remaining intact pipeline in the Nord Stream 2 network, a suggestion likely to be rebuffed given Europe blocked Nord Stream 2 on the eve of Russia’s invasion of Ukraine in February.”
Analyst Comment: This is a huge development. Europe still has a chance to make a deal with Russia and escape catastrophic consequences this Winter. The problem is, will Germany play along?