Russian Deputy Prime Minister says the country is prepared to resume supply of gas through the Yamal-Europe pipeline
Russian authorities announced that the country is ready to start the supply of gas to Europe, which had been stopped due to political reasons.
According to an interview by the Russian state news agency, quoted by CNN, Alexander Novak, Russia’s Deputy Prime Minister said, “The European market remains relevant, as the gas shortage persists, and we have every opportunity to resume supplies”. Novak added, “There is an increase in demand for gas from Europe”.
Novak said that the Russian government continues to consider Europe as an important market for them, “Today, we can confidently say that there is a demand for our gas. Therefore, we continue to consider Europe as a potential market for the sale of our products”.
The energy standoff between Europe and Russia has been going on since the invasion of Ukraine started on February 24. The gas used to be supplied through the Yamal-Europe pipeline that runs across a stretch of 4,107 kilometers and connects Russian natural gas fields located in the Yamal Peninsula and western Siberia with Poland and Germany.
The gas pipeline that normally flowed from the east towards the west was mostly reversed after December 2021. This was due to the reason that Poland decided to move away from Russian gas supplies and instead decided to rely on stored gas in Germany.
Poland then decided to completely terminate its agreement in May, after Russia demanded to be paid in rubles.
In response to Poland, Russia´s state-owned supplier Gazprom decided to cut the supply completely. The company said it was no longer able to supply gas via Poland after Russia imposed sanctions on the company that owned the Polish part of the pipeline.
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