Sunday, July 10, 2022

Canada To Waive Russian Sanctions And Return Repaired Nord Stream 1 Turbine To Germany

The Nord Stream natural gas pipeline is a crucial source of energy for Germany from Russia, and Berlin has pleaded for sanctions exemptions to allow it to operate despite Ukraine’s objections. Photograph: Hannibal Hanschke/Reuters  

CNBC/Reuters: Canada to return repaired Nord Stream 1 turbine, expand sanctions on Russia 

* Canada will return a repaired turbine to Germany that is needed for the Nord Stream 1 gas pipeline, its minister of natural resources said. 

* The repaired turbine could help to ensure continued flows of energy until Europe can end its dependency on Russian gas. 

 * In addition to the special permit for the turbine, Canada said it would expand sanctions against Russia’s energy sector to include industrial manufacturing. 

Canada will return a repaired turbine to Germany that is needed for the Nord Stream 1 gas pipeline and could help to ensure continued flows of energy until Europe can end its dependency on Russian gas, Canada’s minister of natural resources said. 

The Canadian government said in a statement on Saturday it was issuing a “time-limited and revocable permit” to exempt the return of turbines from its Russian sanctions and also announced new measures against Moscow in response to its invasion of Ukraine on Feb. 24. 

 Read more ....  

WNU Editor: Germany had to beg Canada to release this turbine as the energy crisis in Germany continues to get worse .... ‘The situation is more than dramatic’: Germany is rationing hot water and turning off the lights to reduce natural gas consumption (Fortune). 

Canada To Waive Russian Sanctions And Return Repaired Nord Stream 1 Turbine To Germany  

Nord Stream 1: Canada to return repaired Russian pipeline part to Germany -- DW  

Canada Grants Waiver To Allow Repair Of Russian Gas Pipeline -- RFE  

Canada waives Russian sanctions to ease Germany's gas shortage -- Financial Times  

Canada exempts Russian gas turbine from sanctions amid Europe energy crisis -- The Guardian  

Fate of sanctioned Russian gas equipment decided -- RT

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