Berlin chooses a representative to speak with Moscow

Chancellor Scholz believes Gerhard Schroder may assist in resolving the impasse over gas supplies.



Former German chancellor Gerhard Schroder could be a possible intermediary in the current dispute with Russia over reduced gas deliveries, incumbent chancellor Olaf Scholz said on Thursday.


At his first summer press conference since taking office last year, Scholz said it would be "commendable" if Schroder spoke to Moscow about the turbine that is now in Germany.


According to Scholz, Russia would begin gas shipments via this route as quickly as possible if the equipment essential to the Nord Stream 1 pipeline's operation were returned.


Following the maintenance in Canada, the turbine became entangled in a significant dispute between Germany and Russia. To maintain the gas flow to the EU at its maximum capacity, the equipment was supposed to be sent to the compressor station at the pipeline in Russia back in May. However, Canada first postponed its return because of its sanctions against Moscow. According to Russian gas company Gazprom, it is currently stranded in Germany due to a lack of proper documents.


The Nord Stream 1 pipeline's future equipment repairs are in jeopardy, according to the Russian government-run energy behemoth, which maintains that Western sanctions are impeding the return of the turbine from Germany. The business claimed that the paperwork for returning the turbine was improper because it was generated by Siemens Energy, not the business with which Gazprom has a contract.


Schroder, who served as Germany's chancellor from 1998 to 2005, has come under fire numerous times for his connections to state-owned energy businesses in Russia. In May, the former chancellor was compelled to resign from Rosneft's supervisory board and decline an offer to join Gazprom's supervisory board.


Vladimir Putin and Schroder had a meeting in late July. Additionally, he has asked the German government to change its mind about the Nord Stream 2 pipeline.

#businessnews #businessworld #latestbusinessnews #worldbusinessnews


Read more Business, Entertainment, Social, Politics , Real Estate , Finance , Sports