Home / Market Update / Commodities / Canada sends repaired Nord Stream turbine to Germany

Canada sends repaired Nord Stream turbine to Germany

Russia’s Kommersant newspaper reported on Monday, citing informed sources, that Canada sent a Nord Stream gas pipeline turbine to Germany on a plane on July 17 after completing its repair.

It will take another five to seven days for the turbine to reach Russia unless there are problems with logistics and customs, the newspaper said.

Europe has seen a reduction in Russian gas supplies amid already soaring energy costs and broader inflation after what Moscow calls a “special military operation” in Ukraine prompted sweeping Western sanctions against Russia.

Nord Stream 1 is currently undergoing planned annual maintenance, which is due to be completed on July 21.

Check Also

Could USDT Removal Impact EU Amid Crypto Boom Promised By Trump?

The European Union’s Markets in Crypto-Assets (MiCA) regulation, designed to enhance transparency and combat financial …