Russia is ready to resume gas sales to Europe
2022.12.26 06:39
Russia is ready to resume gas sales to Europe
Budrigannews.com – According to the state-run TASS news agency, Russian Deputy Prime Minister Alexander Novak, Moscow is prepared to resume gas supplies to Europe via the Yamal-Europe Pipeline.
According to TASS, Novak stated in remarks published by the agency on Sunday, “The European market remains relevant, as the gas shortage persists, and we have every opportunity to resume supplies.” TASS cited the statement.
“For instance, the Yamal-Europe Pipeline, which was halted for political reasons, has not been utilized.”
The Yamal-Europe Pipeline generally streams toward the west, however has been for the most part switched since December of 2021 as Poland got some distance from purchasing from Russia for attracting on put away gas Germany.
After earlier rejecting Moscow’s demand that it pay in roubles, Warsaw ended its agreement with Russia in May.
Gazprom, a supplier from Russia (MCX:) After Moscow imposed sanctions on the company that owns the Polish section of the Yamal-Europe pipeline, the company responded by cutting off supply and announcing that it would no longer be able to export gas through Poland.
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Novak also said that Moscow is talking about getting more gas through Turkey after a hub is built there.
In addition, he stated that Moscow anticipates delivering 21 billion cubic meters (bcm) of liquefied natural gas (LNG) to Europe by 2022.
According to Novak, “this year we were able to significantly increase LNG supplies to Europe.” They increased to 19.4 billion cubic meters in the eleven months of 2022, and by the end of the year, 21 billion are anticipated.”
Novak also stated that Russia has agreed with Azerbaijan to increase gas supplies for its domestic consumption in a comprehensive interview with the TASS agency, which was partially published over the weekend.
He stated, “When they increase gas production in the future, we will be able to discuss swaps.”
He stated that Moscow is also discussing increasing gas supplies to Kazakhstan and Uzbekistan.
In addition, Novak stated that in the long run, Russia could send its natural gas to the markets of Afghanistan and Pakistan by swapping Iranian territory for Central Asian infrastructure.
