Russia is capable of manufacturing by itself all the equipment necessary for expanding its domestic gasification network, Russian Trade and Industry Minister Denis Manturov said on Friday.
“We will be able to provide ourselves all the technological equipment and piping for the gasification of the whole country,” the minister said during a speech at the Russian Parliament, as carried by Russian news agency TASS.
“It is important to upgrade our capacities by replacing foreign exploration, drilling, and offshore equipment, as well as accelerating work on our own medium- and large-tonnage LNG equipment,” Manturov was quoted as saying.
Russia will also accelerate the timeline for testing and launching mass production of large gas turbines, said the minister, who was just promoted to also serve as one of Russia’s deputy prime ministers.
Western sanctions and the exodus of international oil and engineering companies from Russia after Putin’s invasion of Ukraine will slow down Russia’s energy industry development because Moscow can no longer rely on Western equipment, analysts say.
Russia’s claims that it can provide all the equipment necessary for domestic gas networks come amid a row with the West, in which Moscow slashed deliveries to Europe in the middle of June. Russia said that a gas turbine for a Nord Stream compressor station being repaired by Siemens at a facility in Canada could not be returned due to the Western sanctions on Russia. European leaders, including those of Germany and Italy—whose countries are most affected by the slashed Gazprom deliveries—have said that the Russian excuses are “lies” and that the lower gas supply was a politically motivated decision.
Earlier this week, Canada agreed to return the Gazprom turbine that Siemens Energy sent to a factory in the North American country for repairs earlier this year. The decision comes after calls from Germany to return the turbine, so, according to German Economy Minister Robert Habeck, Russia has no excuse to keep gas flows along Nord Stream at 40 percent of the pipeline’s capacity.
By Charles Kennedy for Oilprice.com
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