Kremlin: Only Sanctions Prevent Nord Stream Gas Pipeline from Working

View towards Nord Stream 1 Baltic Sea pipeline and the transfer station of the Baltic Sea Pipeline Link in the industrial area of Lubmin, Germany, August 30, 2022. (Reuters)
View towards Nord Stream 1 Baltic Sea pipeline and the transfer station of the Baltic Sea Pipeline Link in the industrial area of Lubmin, Germany, August 30, 2022. (Reuters)
TT
20

Kremlin: Only Sanctions Prevent Nord Stream Gas Pipeline from Working

View towards Nord Stream 1 Baltic Sea pipeline and the transfer station of the Baltic Sea Pipeline Link in the industrial area of Lubmin, Germany, August 30, 2022. (Reuters)
View towards Nord Stream 1 Baltic Sea pipeline and the transfer station of the Baltic Sea Pipeline Link in the industrial area of Lubmin, Germany, August 30, 2022. (Reuters)

Nothing stands on the way of Russian gas exports to Europe via the Nord Stream 1 pipeline apart from technological problems caused by Western sanctions, Kremlin spokesman Dmitry Peskov said on Tuesday, a day before another planned maintenance shutdown.

Russian energy giant Gazprom has announced it will shut the pipeline for three days from Wednesday to undertake maintenance of a single pumping unit at the Portovaya compressor station.

Peskov was asked if there are guarantees that Gazprom will restart gas flows via Nord Stream 1 after the maintenance.

"There are guarantees that, apart from technological problems caused by sanctions, nothing hinders the supplies," he replied.

Natural gas prices have soared in Europe to all-time highs amid tight supplies from Russia. It has been pumping gas via Nord Stream 1 at only 20% of capacity. citing problems with equipment.

The European Union rejects Moscow's version that turbine problems and sanctions are to blame. France accused Moscow on Tuesday of using energy supply as "a weapon of war" as Gazprom reduced deliveries to one of its main utilities, Engie, and prepared to halt flows through Nord Stream 1.

Peskov told reporters: "European countries, Canada, the US, Great Britain imposed sanctions against the Russian Federation, which do not allow carrying out normal maintenance and repair work, and also do not allow legal registration of the return of components and assemblies to their places of operation."

He added: "There are no other obstacles for Russia to fulfil its obligations."

The front-month gas contract in Europe was down 3% at 259 euros/MWh on Tuesday morning, off all-time highs hit last week but more than five times levels seen a year ago.



Spain Rejects NATO’s Anticipated Defense Spending Increase as 'Unreasonable'

Spain’s Prime Minister Pedro Sanchez speaks during a press conference at the Spanish Embassy in Beijing, April 11, 2025. (AP Photo/Ng Han Guan, File)
Spain’s Prime Minister Pedro Sanchez speaks during a press conference at the Spanish Embassy in Beijing, April 11, 2025. (AP Photo/Ng Han Guan, File)
TT
20

Spain Rejects NATO’s Anticipated Defense Spending Increase as 'Unreasonable'

Spain’s Prime Minister Pedro Sanchez speaks during a press conference at the Spanish Embassy in Beijing, April 11, 2025. (AP Photo/Ng Han Guan, File)
Spain’s Prime Minister Pedro Sanchez speaks during a press conference at the Spanish Embassy in Beijing, April 11, 2025. (AP Photo/Ng Han Guan, File)

Spain has rejected a NATO proposal to spend 5% of GDP on defense needs that’s due to be announced next week, calling it “unreasonable.”

In a letter sent Thursday to NATO Secretary-General Mark Rutte, Spanish Prime Minister Pedro Sánchez said that Spain “cannot commit to a specific spending target in terms of GDP” at next week’s NATO summit in The Hague.

Most US allies at NATO are on track to endorse US President Donald Trump’s demand that they invest 5% of gross domestic product on their defense and military needs. In early June, Sweden and the Netherlands said that they aim to meet the new target, The AP news reported.

Spain was the lowest spender in the 32-nation military alliance last year, directing less than 2% of its GDP on defense expenditure.

In April, Sánchez said the government would raise defense spending by 10.5 billion euros ($12 billion) in 2025 to reach NATO’s previous target of 2% of GDP.

After Russia launched its full-scale invasion of Ukraine on Feb. 24, 2022, NATO’s 32 allies agreed to spend at least 2% of GDP on their military budgets. But NATO plans for defending Europe and North America against a Russian attack require investment of at least 3%.

The aim now is to raise the bar to 3.5% for core defense spending on tanks, warplanes, air defense, missiles and hiring extra troops. A further 1.5% would be spent on things like roads, bridges, ports and airfields so armies can deploy more quickly, as well as preparing societies for possible attack.

Rutte had been due to table a new proposal on Friday aimed at satisfying Spain. European allies and Canada are keen to finalize the spending pledge before the summit, and not leave it open for any heated debate that might drag the meeting out. Poland and the Baltic countries — Estonia, Latvia and Lithuania — have already publicly committed to 5%, and Rutte has said that most allies were ready to endorse the goal.

A big question still to be answered is what time-frame countries will get to reach the new spending goals. A target date of 2032 was initially floated, but Rutte has said that Russia could be ready to launch an attack on NATO territory by 2030.