Novak reveals Russian gas market share in Europe

Novak reveals Russian gas market share in Europe
© Photo: Maria Novoselova / Vestnik Kavkaza

The share of Russian gas in Europe's energy balance still remains around 19%, despite EU restrictions, Russian Deputy Prime Minister Alexander Novak said at the Russian Energy Week.

According to him, the Russian gas share has halved.

"They (the EU) decided to limit Russian gas supplies to European countries. As of today, gas supplies have actually decreased. While Russian gas previously accounted for approximately 44% of Europe's total imports, today, within the overall imports, it remains at approximately 19% In other words," Novak said.

He added that negative trends in the economies of European countries are a direct consequence of their refusal to use Russian gas.

The minister stressed that Moscow is ready to increase gas supplies to Europe if such a request is made.

995 views
We use cookies and collect personal data through Yandex.Metrica in order to provide you with the best possible experience on our website.