Commodities and Futures News

Novak says Russia waiting on Siemens, Canada over return of turbine

2022.06.17 16:16

Novak says Russia waiting on Siemens, Canada over return of turbine

(Reuters) – Russia must wait and see what Germany’s Siemens Energy and Canada offer in regard to equipment for the Nord Stream 1 gas pipeline, Deputy Prime Minister Alexander Novak said on Friday.

Russia has said the pipeline is delivering less gas to Europe due to the slow return of Siemens-made equipment from Canada.

“We will see what Siemens (Energy) will do together with Canadians in regard to securing the return of a turbine in order for it to be put to work,” Novak told reporters.

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