We have no role in the crisis in the European gas market

A Kremlin spokesman said Wednesday that Russia has no role in the unprecedented rise in energy prices in Europe, as reported by Reuters. The argument was that there are several reasons behind the increase in gas prices in Europe, including economic recovery, higher energy demand and low gas storage.

According to the official, lower gas supplies to the market in Europe and lower wind power generation are also factors driving higher gas prices in Europe. “Russia has repeatedly said that it is ready to discuss new long-term contracts for the delivery of gas to Europe,” he added.

Gazprom is in constant contact with its customers, the spokesperson said, and that the company is fulfilling requests for additional gas supplies.

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