Russia will reduce gas exports to Europe by 50 billion cubic meters per year, Novak said

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Exports of Russian gas to the European Union will drop by approximately 50 billion cubic meters this year.

This was reported by Russian Vice Prime Minister Oleksandr Novak, RBC reports .

“According to the estimates we now have from the Ministry of Energy, exports will decrease by approximately 50 billion cubic meters of gas,” Novak said.

At the same time, he repeated the thesis of Russian propaganda about increasing the supply of gas to China through the “Power of Siberia” pipeline, which cannot compensate for Russia’s loss of the European market.

“This year, we expect 20 billion cubic meters of gas to be released. Agreements have been reached on the construction of a new route from Vladivostok to the north of China. This is also 10 billion cubic meters of gas,” the Russian vice-prime minister said.

According to him, in the near future, Russia and China may also reach final agreements on the supply through the Power of Siberia 2 pipeline.

“This volume is approximately 50 billion cubic meters of gas,” Novak said.

As reported, from January 1 to September 15, 2022, “Gazprom” produced 300.8 billion cubic meters of gas, which is 15.9% or 56.8 billion cubic meters. m less than in the same period last year. At the same time, exports to countries far abroad during this period fell by 38.8% or by 53.7 billion cubic meters. m – up to 84.8 billion cubic meters.

Gazprom is methodically reducing gas exports to EU countries, finding various explanations for this. In particular, the day before Gazprom stopped the supply of gas through the Nord Stream pipeline allegedly to carry out planned and preventive works on the gas pumping unit. At the same time, the company refuses to take repaired gas turbines for this gas pipeline from Germany or to increase transit through Ukraine.

According to Reuters, Russian President Vladimir Putin is betting that record energy prices and possible gas shortages this winter will sway Europe to push Ukraine to a truce in the Russia-instigated war on the Kremlin’s terms.

(C)CENSOR.NET 2022

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