And with the EU getting closer to removing its dependence on Russian gas, the energy angle is quickly vanishing. This could be Russias way of subtly signaling that it can still play that card. An explicit verbal threat might not be taken seriously. But a demonstration of how easy it is to sabotage a pipeline has certainly gotten folks attention.
Maybe you think the symbolism is important, but on the other hand, people might also just think it looks childish...
The intelligence knows for sure. But imagine the effect such action has if it happened that the pictures of gas bubbling up the Baltic sea were shown on TV in every news program for a week.
> Maybe you think the symbolism is important
It is important in that verbal threats do not carry much weight when so many other threats have already been wagered. For example Putin has already threatened to attack Finland if the join NATO. Sometimes you need a little more than words to get your message across.
This is a warning to Norway and rest of Europe.