The Kremlin says it can increase gas supplies to the EU market at any time.
A spokesman for Russia’s energy monopoly Gazprom, said the latest natural gas shortage in Western Europe was a result of the lack of bids, rather than Gazprom’s fault.
According to preliminary data, Gazprom produced 490.4 billion cubic meters of gas between January 1 and December 15, 2021, which is 14.2 per cent (or 61.1 billion cubic meters) more than in the same period of last year.
Over the first nine months of 2021 Europe’s gas imports increased by 18 billion cubic meters (or by 7.5 per cent) against the same period of 2020.
The biggest supporters of the Russian gas pipeline are already losing faith in its rapid start-up.
Gazprom is using record-high gas prices to create the misleading impression that immediate regulatory concessions are needed to start the operation of the Nord Stream 2 gas pipeline.
Gazprom is gradually strengthening its position as a key gas exporter to south-eastern Europe.
More record gas prices on the EU market. On Monday, the price exceeded USD 650. There is a shortage of gas, and the storage facilities in many countries are not ready for winter.
According to EU documents, the cut-off date for the use of Russian gas in the Community is 2046.
Gazprom has reported that in the first eight months of the year, exports of “blue fuel” to non-CIS countries increased by 21.5%.