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.
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.
German politicians have dismissed the decision as a political gambit by the Kremlin to sow uncertainty and further push up energy prices, insisting that the turbine in question wasn't earmarked for use until September anyway. Germany typically stockpiles natural gas during the summer months, and its laws require 90 per cent of that capacity to be filled by Nov. 1. As of Tuesday the total storage level is just over 65 per cent, which the German government says is not unusual for July.
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