Russia has denied allegations of involvement in the energy crisis in Europe.On January 14, 2022, the head of the International Energy Agency (IEA), Fatih Birol, said that Russia is directly related to the shortage of natural gas in Europe / photo ua. depositphotos.com
Russia may increase gas supplies to Europe , but only if certain conditions are met.
This was stated by Deputy Prime Minister of Russia Alexander Novak, Kommersant reports .
As Novak noted, supplies must be carried out on the basis of long-term contracts, since production growth has a long investment cycle.
“We can supply, we have huge resources, but any production is an investment project that takes time for this project to pay off, to attract investments. Therefore, there must be a clear marketing policy,” Novak said.
He also recalled that Russia has always been a supporter of long-term contracts.
Novak also denied accusations by Fatih Birol, head of the International Energy Agency (IEA), against Gazprom of being involved in the energy crisis in Europe. According to Novak, the crisis arose because of the cold winter, as well as growing needs against the backdrop of economic recovery.