News Update (10 Feb 2012):"Video is NOT Fake or Staged"- Interview with Hjörtur Kjerúlf (67-year-old farmer who filmed this video) by RÚV
(6 Feb 2012) The Lagarfljótsormur, Lagarfljotsormurinn, Lagarfljót worm or simply Iceland Worm Monster( or Iceland's Loch Ness Monster ) is an Icelandic lake cryptid. The worm is purportedly located in Lagarfljót Lake, a freshwater, below-sea-level, glacial-fed body of water in Egilsstaðir.
The water visibility is incredibly poor as a result of siltation, and the creature--if it does exist--has not been scientifically studied.
Sightings have been consistently logged since 1345. There are many stories about kynjaskepnur, that is, strange animals or unknown phenomena, in Lagarfljót.
The worm-like creature is presumed to be longer than a football field, or 300 feet (91 m), and has been seen coiled near the shore by countless eyewitnesses.
According to reports, it has been spotted in both water and dry land. It is believed that it can slither onto land.
This video is from IRíkisútvarpið RÚV - The Icelandic National Broadcasting Service
RÚV informed me that this video was taken by a farmer called Hjörtur Kjerúlf
Hjörtur Kjerúlf captured the giant, icy snake swimming in the Jökulsá í Fljótsdal river, which empties into Lake Lagarfljót.
The footage shows a crocodilian-like creature or a giant snake skimming the water surface of a frozen lake. But Reptiles in cold climates?