Canada, Chemical, computers, electrical equipmen, electronics, G20, gas, Gazprom, Germany, industrial manufacturing, machinery, manufacturing, metals, Nord Stream gas turbine, Nord Stream pipeline system, oil, pipelines, Putin, Russia, Russia federal budget, Russian economy, Russian invasion Ukraine, sanctions, sanctions delay, sanctions loopholes, Siemens, technology, transport
2014 Map of Nord Stream Baltic Pipe proposed routes Baltic Energy Market Interconnection Gas Plan; Nord Stream Crosses Baltic Pipe, Extranet.acer.europe.eu ENTSOG June 2014
“Minister Joly announces Canada’s intent to further sanction key Russian economic sectors From: Global Affairs Canada
July 9, 2022 – Ottawa, Ontario – Global Affairs Canada
The Honourable Mélanie Joly, Minister of Foreign Affairs, today announced that Canada intends to impose further sanctions in relation to Russia’s illegal and unjustifiable invasion of Ukraine. These sanctions build on the extensive sanctions that Canada continues to impose on the Russian regime, including those announced by Minister Joly at the G20 in Bali, Indonesia on July 8.
The oil, gas, chemical and manufacturing sectors account for more than 50% of Russia’s federal budget revenues, which it uses to wage its illegal and unprovoked war in Ukraine. As such, to help deplete President Vladimir Putin’s war chest and further limit Russia’s ability to wage war, Canada will expand existing measures on the oil, gas and chemical sectors to include industrial manufacturing. These new measures will prohibit Canadian services to contribute to the production of goods made by these sectors.
These new sanctions will apply to land and pipeline transport and the manufacturing of metals and of transport, computer, electronic and electrical equipment, as well as of machinery. Once the measures are in effect, Canadian businesses will have 60 days to conclude contracts with targeted industries and services.
This ban will broaden the scope of existing measures and put further pressure on a pillar of the Russian economy. These sanctions are part of a continued and closely coordinated approach with Canada’s like-minded partners to further increase pressure on President Putin and his regime for his senseless war in Ukraine.
“Canada is unwavering in its support of Ukraine’s sovereignty and territorial integrity. Putin’s unjustifiable war has affected millions in Ukraine and across the world. That is why we will continue to target the Russian regime’s coffers. Canada will not relent in pressuring the Russian regime.”
– Mélanie Joly, Minister of Foreign Affairs
* Since Russia’s illegal occupation and attempted annexation of Crimea in 2014, Canada has imposed sanctions on more than 1,600 individuals and entities. Many of these sanctions have been undertaken in coordination with Canada’s allies and partners.
* Since Russia’s further invasion of Ukraine on February 24, 2022, Canada has imposed sanctions on more than 1,150 individuals and entities from and in Russia, Ukraine and Belarus.
* In March 2022, Canada referred the situation in Ukraine to the International Criminal Court (ICC), in concert with other ICC member states, in light of the numerous allegations of serious international crimes committed by Russian forces in Ukraine, including war crimes and crimes against humanity.
* Sanctions: Russian invasion of Ukraine https://www.international.gc.ca/world-monde/issues_development-enjeux_developpement/response_conflict-reponse_conflits/crisis-crises/ukraine-sanctions.aspx?lang=eng
* Canada’s efforts to counter disinformation: Russian invasion of Ukraine
Countering disinformation with facts – Russian invasion of Ukraine
“Russian gas turbine return from Canada to Gazprom “very bad precedent” – Gas TSO of Ukraine 10.07.2022 14:26 https://www.ukrinform.net
The Canadian government’s decision to return to Germany a gas turbine following maintenance works for its further use in the Nord Stream gas pipeline set a “very bad precedent” for an exemption from Russia sanctions.
That’s according to Sergiy Makogon, CEO Gas TSO of Ukraine, as reported by Ukrinform.
“Unfortunately, Canada succumbed to pressure and decided to return the turbine to Gazprom. This is a very bad precedent for an exemption from sanctions. But the logic of such a decision is clear,” Makogon wrote on Facebook. https://www.facebook.com/mcfire76/posts/
According to the CEO, after the turbine is returned, it is expected that Gazprom will fully restore gas transit to Germany (+100 million cubic meters per day), which will allow Europe to continue stockpiling gas for the winter period and, therefore, lead to a drop of gas prices.
Read also: Ukraine’s Gas TSO, Energy Ministry call on European Parliament to support Nord Stream 1 shutdown https://www.ukrinform.net/rubric-economy/3508834-ukraines-gas-tso-energy-ministry-call-on-european-parliament-to-support-nord-stream-1-shutdown.html
On the other hand, the head of the gas transmission system operator is convinced that there is currently no problem with available gas transit capacities to the EU. Therefore, even after the return of the turbine, Gazprom will continue to “blackmail Europe.”
“But I believe that even after the turbine is returned, Gazprom will find a reason to further curb supplies to the EU. Because even without this turbine, Gazprom has the opportunity to significantly increase transit: the route through Poland, 90 million cubic meters per day, is completely unused, while through Ukraine, Gazprom uses only 40% of the reserved and paid capacity, which is another 70 million cubic meters per day,” says the post.
Makogon expresses confidence that Europe will draw conclusions from this situation, and, that in the very near future, Europe will stop buying Russian gas altogether.
Canada has reportedly decided to return to Germany a gas turbine built in Canada by Siemens Energy AG that was used in the Nord Stream pipeline system. The decision was made despite objections from the government of Ukraine, as well as the large Ukrainian diaspora in Canada, who stressed that returning the turbine would undermine the sanctions regime. Canada’s Natural Resources Minister Jonathan Wilkinson said on Saturday that the temporary export permit had been granted after lengthy discussions with European allies as well as the International Energy Agency.” https://www.ukrinform.net/rubric-economy/3525927-russian-gas-turbine-return-from-canada-to-gazrpom-very-bad-precedent-gas-tso-of-ukraine.html
You must be logged in to post a comment.