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Russian company Gazprom, the only one increasing exports

Putin-Russian company Gazprom, the only one increasing exports

Russian company Gazprom, the only one increasing exports

Moscow, Dec 23 (Prensa Latina) Russian President Vladimir Putin on Thursday stressed at his annual press conference that Gazprom is the only company in the world that is increasing natural gas export supplies.
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The president pointed out that the company is fulfilling all its export contracts and, this year, increased supplies abroad, partly to Europe, by 12 to 20 percent.

He said Russia is not taking over the gas market in Europe, nor is it the only supplier, but he assured that it is the only one that increased deliveries.

The head of State warned that other natural gas suppliers have withdrawn a relevant quantity from the European market, about 14 million tons, to move them to more attractive markets in Latin America and Asia.

According to Putin, Moscow has already warned its European partners about the danger of destroying the system of long-term contracts in the gas sector, to which the European Commission responded that it should move to market relations, which would be responsible for adjusting prices.

Regarding the proposals for Russia to supply gas in cash, Putin said his country, first of all, must meet the demand for long-term contracts.

He recalled that the major rise in prices was caused by unfavorable weather, the long and cold spring of 2021, low gas reserves in European storages and inoperative wind farms that caused the deficit.

The head of State spoke in person at the Manezh hall in this capital, where he answered questions from 44 journalists for almost four hours in front of an audience of about 500 representatives of domestic and foreign media.

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