Canada has imposed sanctions, but made it clear that it will go to a meeting with Germany, which is begging for the return of the turbine
Price chart of the nearest futures on the TTF spot gas index on the ICE Futures exchange (in US dollars per thousand cubic meters) in 1-minute intervals
The Kremlin on Friday said it would increase gas supplies to Europe if the turbine for the Nord Stream 1 gas pipeline, which is currently undergoing maintenance in Canada, is returned.
Reuters reported on Thursday that Ukraine opposed Canada’s return of the turbine to Russia’s Gazprom, arguing it would violate sanctions imposed after Russia stationed its military in Ukraine.
Kremlin spokesman Dmitry Peskov dismissed allegations that Russia is using oil and gas to exert political pressure.
He said the shutdown of the Nord Stream 1 gas pipeline for maintenance scheduled for this month is a regular, planned event and that no one has „invented” any repairs.