Business news from Ukraine

Destruction of three strings of Nord Stream gas pipeline is unprecedented – operator’s statement

The simultaneous destruction of three gas pipelines in the Baltic Sea is unprecedented, Nord Stream AG, the operator of the first Nord Stream, said.
“The destruction that occurred on the same day simultaneously on three strings of the offshore gas pipelines of the Nord Stream system is unprecedented. It is not yet possible to estimate the timing of the restoration of the gas transport infrastructure,” the project company said.

On the night from Sunday to Monday, a leak occurred on one of the threads of the Nord Stream 2 pipeline. This happened in the Danish EEZ southeast of Bornholm.
In addition, gas leaks were recorded from both threads of the first Nord Stream – in the exclusive economic zone of Denmark northeast of about. Bornholm.
There are 5-mile no-go zones for shipping around the leak areas.

The first Nord Stream with a capacity of 55 billion cubic meters. m of gas per year has been stopped today due to the running time between repairs by the engines of gas pumping stations, as well as breakdowns of compressor equipment that cannot be eliminated due to sanctions.
Nord Stream 2, of a similar capacity, was built and ready for operation, but did not work due to sanctions restrictions.

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UKRAINE DISAPPOINTED WITH CANADA’S DECISION TO RETURN NORD STREAM TURBINES TO GERMANY

The Ministry of Energy of Ukraine and the Ministry of Foreign Affairs of Ukraine express their deep disappointment in connection with the decision of the Canadian government to issue a permit for the return to Germany of the turbines of the Nord Stream 1 gas pipeline repaired by Siemens Canada. “The international community, including Canada and Germany, has already imposed a number of significant sanctions against Russia in order to stop its war against Ukraine. Ukraine is grateful for these decisive actions. At the same time, the latest Canadian-German agreement and the decision announced on its basis is adjusting the sanctions regime to the whims of Russia,” reads a joint statement released by the press services of the Ministry of Energy and the Ministry of Foreign Affairs of Ukraine.

The departments called this precedent dangerous and contrary to the rule of law, which would allow Moscow to strengthen its own sense of impunity.

The statement also substantiates that the Russian Federation can continue to supply gas to Germany in full without the aforementioned turbine, and the Russian demand for its mandatory return “is blackmail that has no technical justification.

The departments reported that Ukraine provided comprehensive explanations to the German and Canadian sides, who confirmed that they regard Russia’s demand as having no technical justification, but still decided to make a concession.

“The transfer of the Nord Stream 1 turbine will allow Russia to continue to use energy as a tool of hybrid warfare against Europe. We call on the Canadian government to reverse this decision, as well as ensure the integrity of the sanctions regime. There can be no exception when it comes to holding Russia accountable for tens of thousands of killed Ukrainians, hundreds of thousands of destroyed infrastructure, millions of internally displaced persons and refugees, and an undisguised attack on democracy and the rule of law around the world,” the Ministry of Energy and the Foreign Ministry concluded.