Moscow is ready to resume natural gas deliveries to Europe through the Yamal pipeline, Russian Deputy Prime Minister Alexander Novak told the TASS news agency on Sunday.
“The European market remains on the news as natural gas shortages continue and we have an opportunity to resume deliveries“, he said and mentioned in particular the Yamal pipeline whose operation “stopped for political reasons and remains unused».
The pipeline’s flow to the West had been reversed since December 2021, as Poland rejected buying gas from Russia and resorted to reserves held in Germany.
The epilogue to the contract between Poland and Russia was written in May, after Warsaw earlier rejected Moscow’s demand to pay in rubles.
Russian energy giant Gazprom cut off supply, underlining that it was no longer able to export natural gas through Poland following the imposition of sanctions by Moscow against the company that manages the Polish section of the Yamal pipeline.
Russian Deputy Prime Minister Alexander Novak also said that the Moscow is considering deliveries of larger quantities of natural gas via Turkey, following the creation of an energy hub there.
Referring to liquefied natural gas (LNG) deliveries, Novak said that Moscow estimates to have supplied Europe with 21 billion cubic meters (bcm) in 2022. “This year we have managed to significantly increase LNG deliveries to Europe,” he said, clarifying that until at the end of November they were estimated at 19.4 bcm, while by the New Year it is estimated that they will rise to 21 bcm.
Source: News Beast

Bruce Belcher is a seasoned author with over 5 years of experience in world news. He writes for online news websites and provides in-depth analysis on the world stock market. Bruce is known for his insightful perspectives and commitment to keeping the public informed.