Peskov’s comments suggest Gazprom will not turn on Europe’s main gas pipeline until the “collective West” lifts sanctions against Russia. Inflation Economics
this past weekend that Nord Stream 1 pipeline would be shut down indefinitely because of “oil leaks.”— Samuel Ramani Gazprom claims the technical difficulties stem from the German-made turbines. However, Peskov was quoted by the news agency Interfax, and he made it quite clear that the Kremlin wants the sanctions lifted before the Nord Stream 1 pipeline delivers fuel again.
“The problems pumping gas came about because of the sanctions Western countries introduced against our country and several companies,” Peskov stressed. “There are no other reasons that could have caused this pumping problem,” Putin’s spokesman added. Peskov added: Other reasons that would cause problems with the pumping don’t exist — It is these sanctions imposed by the Western states that have brought the situation to what we see now.
EU Accuses Russia of ‘Weaponizing’ Energy Supplies, Iran Offers Europe Cheap Gas in Exchange for Sanction Lifts and Nuclear Deal Following Peskov’s statements, during the weekend, Europe’s gas futures markets had shown significant pain was due during Monday’s trading sessions. The max pain came to fruition on September 5, as Reutersthat “European gas prices rocketed as much as 30% higher on Monday after Russia said one of its main gas supply pipelines to Europe would stay shut indefinitely.
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