Canada’s turbine return has angered Ukraine. Here are 5 things to know
Global News
Siemens will be allowed to import and export six turbines that are part of the Nord Stream 1 pipeline in Europe.
The federal government has found itself defending what Ukrainian President Volodymyr Zelenskyy called an absolutely unacceptable decision in recent weeks – to grant a Canadian company an exemption on Russian sanctions.
Siemens will be allowed to import and export six turbines that are part of the Nord Stream 1 pipeline in Europe.
Here are five things to know about the turbines:
The Nord Stream 1 natural gas pipeline runs under the Baltic Sea from Russia to Germany. It provides about 35 per cent of the natural gas used to generate electricity and power industry in Germany. Some of that fuel is sent on to other European countries.
Russia supplied about 40 per cent of all natural gas used in the European Union before it invaded Ukraine, and since then it has been reducing the flow of energy into the EU.
Its majority owner is Russian state-owned gas giant Gazprom.
Wide-ranging economic sanctions imposed by Canada and other Western countries are intended to isolate the Russian regime and pressure it to end the invasion of Ukraine.
Top officials from Gazprom and other energy companies were sanctioned in March.