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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Canada To Return Sanctioned Nord Stream Turbine To Germany (395 Views)
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Canada To Return Sanctioned Nord Stream Turbine To Germany by Hanibbal(m): 1:52pm On Jul 10, 2022 |
Canada has agreed to export a natural-gas turbine back to Germany for use in the Nord Stream pipeline, issuing a “time-limited and revocable” permit to exempt it from sanctions on Russia’s oil and gas industry. The decision was made over the objections of Ukraine’s government and the large Ukrainian diaspora in Canada, who argued that sending the pressurization turbine back would undermine the sanctions regime. German officials have urged Canada to find a way to return the turbine, fearing Russia would use the issue as an excuse to shut down Nord Stream and cripple Germany’s ability to fill its gas storage tanks ahead of winter. In a statement released Saturday, Canadian Natural Resources Minister Jonathan Wilkinson said the export permit was issued after extensive discussions with “our European friends and allies,” as well as the International Energy Agency. “Canada will grant a time-limited and revocable permit for Siemens Canada to allow the return of repaired Nord Stream 1 turbines to Germany,” Wilkinson’s said in a statement. “Absent a necessary supply of natural gas, the German economy will suffer very significant hardship and Germans themselves will be at risk of being unable to heat their homes as winter approaches.” The turbine, built in Canada by Siemens Energy AG, was sent to Montreal for repairs and became stranded due to sanctions on Russia’s oil and gas industry because of its invasion of Ukraine. Also on Saturday, Canada announced it would expand its sanctions on Russia to include industrial manufacturing. “These new sanctions will apply to land and pipeline transport and the manufacturing of metals and of transport, computer, electronic and electrical equipment, as well as of machinery,” said a news release from Foreign Affairs Minister Melanie Joly. “Once the measures are in effect, Canadian businesses will have 60 days to conclude contracts with targeted industries and services.” https://www.bloomberg.com/news/articles/2022-07-09/canada-to-return-sanctioned-nord-stream-turbine-to-germany
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Re: Canada To Return Sanctioned Nord Stream Turbine To Germany by JBriel: 1:58pm On Jul 10, 2022 |
If Nigeria were serious,it would have taken advantage of the chaos in Europe, begin massive infrastructural development to connect Algeria as fast as possible. But then again, harnessing the gas reserves will majorly profit only the northern hegemony like crude oil got exploited. Nigeria is a useless identity to identify with |
Re: Canada To Return Sanctioned Nord Stream Turbine To Germany by seunny4lif(m): 4:21pm On Jul 10, 2022 |
Of course, they have to return it Even when Ukraine is crying that Canada should not return it but same Ukraine have forgotten that if Russia stop total gas exports to Germany and German manufacturing companies collapses then Greece economy break down years ago will be a child play as German economy is THE EU. |
Re: Canada To Return Sanctioned Nord Stream Turbine To Germany by Hanibbal(m): 5:14pm On Jul 10, 2022 |
seunny4lif: Zelensky dey behave like say na him life Germans come live. The guy is just a clown. The same Germany has told them that they can't plunder their military cause of Ukraine. Now he wants same Germany to die by rejecting the turbine. Una sure say this Zelensky get sense. 2 Likes |
Re: Canada To Return Sanctioned Nord Stream Turbine To Germany by baralatie(m): 11:11pm On Jul 10, 2022 |
Okay! So the ball is now back in Russia's court to continue it's gas supply to Germany,Italy and France |
Re: Canada To Return Sanctioned Nord Stream Turbine To Germany by Kewtt: 12:59am On Jul 11, 2022 |
baralatie:If and when it is received. Do not poke the bear. |
Re: Canada To Return Sanctioned Nord Stream Turbine To Germany by seunny4lif(m): 1:36am On Jul 11, 2022 |
baralatie:Well, some EU leaders want to end Russia gas to Europe especially those parasites EU members but they forgot that Russia cheap gas is the reason Germany(EU) economy have been functioning since. German finance ministry is now saying if Russia cut of gas supplies then Germany GDP might drop by almost 20% after he as been called out by almost all unions in Germany from businesses to even state-President. Russia will supply the gas back after the maintenance is done by July ending hopefully. Imagine the money Nigeria would have made if only we have leaders with brain. |
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