Russia has seemingly drawn a line in the sand and will not turn on Europe’s main gas pipeline until the “collective West” lifts the financial sanctions against the country. The move follows the Nord Stream 1 pipeline allegedly shutting down for “maintenance,” but reports from Interfax that followed five days later indicate Moscow will not be turning the gas back on until demands are met.
Putin’s Spokesperson Says Nord Stream 1 Pumping Problem Due to the Collective West’s Sanctions
While it was said Russia’s state-run Gazprom was having “technical difficulties” with the gas pipeline that connects Russian gas to Germany, and that the pipeline was under “maintenance,” president Vladimir Putin’s spokesman, Dmitry Peskov, claims the shutdown is due to Western sanctions against Moscow. Gazprom reported this past weekend that Nord Stream 1 pipeline would be shut down indefinitely because of “oil leaks.”
BREAKING: Gazprom announces that Nord Stream cannot operate safely due to turbine damage
— Samuel Ramani (@SamRamani2) September 2, 2022
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 Reuters reported that “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.” While the Kremlin believes the “collective West” is at fault for the disturbances, Reuters reported that Europe “has accused Russia of weaponising energy…
Click Here to Read the Full Original Article at Bitcoin News…
