Canada says it will revoke a time-limited sanctions waiver that allowed turbines for Nord Stream 1, Russia's biggest gas pipeline to Europe, to be repaired in Montreal and returned to Germany. Nord Stream 1 was shut down for repairs on August 31 but never restarted and was subsequently damaged by explosions in September. "Canada is making this decision recognizing that the circumstances around granting the waiver have changed. It no longer serves its intended purpose," Foreign Minister Melanie Joly and Natural Resources Minister Jonathan Wilkinson said in a joint statement on December 14. To read the original story from Reuters, click here.
Canada To Bring Back Sanctions On Nord Stream 1 Turbines
German Chancellor Olaf Scholz stands next to a gas turbine slated to be transported to the compressor station of the Nord Stream 1 gas pipeline in Russia during his visit to Siemens Energy's site in Muelheim an der Ruhr, Germany, on August 3.