Putin Declares Russia Will Maintain Gas Supplies Through Ukraine

Reported about 1 month ago

Russian President Vladimir Putin announced that Russia is ready to continue supplying gas to Europe via Ukraine beyond 2024, despite Ukraine's President Volodymyr Zelenskiy's reluctance to extend the transit contract. Putin emphasized that Russia could redirect these gas volumes to other markets if needed, particularly to Turkey and Asia, while acknowledging potential revenue losses for Gazprom. He also mentioned the operational potential of the Nord Stream 2 pipeline, asserting that Gazprom will increase exports to China and expand its presence in the global liquefied natural gas market despite facing tough US sanctions.

Source: YAHOO

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