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Loss-making Gazprom declares Europe’s “energy suicide”.

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There is an “artificial destruction of demand” for natural gas in the European market, said Alexey Miller.

The state of the European gas market appears to be “poor” without gas from Russia, and industrial production has fallen to a 10-year low. The head said it Gazprom Alexey Miller at the gas forum in St. Petersburg, Russian media reported on Thursday, October 10.

According to him, what is happening in the European gas market has “taken a firm meaning – it is an artificial deterioration of demand for gas.”

“But more rigorous assessments and opinions of experts say that this can be called the suicide of European energy. And other experts say that before our eyes, the economic machine has become sick that people of Europe. we can agree with these words,” – said Miller.

He announced the continuation of the “European deindustrialization process” and increased volatility in the gas market.

“The most unpleasant thing is that such a policy and such a situation in the European gas market can lead to a new gas price shock and disruption of supply,” said the leader. Gazprom.

According to his estimates, the EU’s policies have allegedly resulted in a drop in industrial production of almost 10%, which is the lowest in the past 10 years. However, Miller did not share where he obtained this data.

Alexey Miller also forgot to talk about his own condition Gazprom after losing most of its customers in Europe. We remind you that at the end of 2023 Gazprom became the most unprofitable company in Russia, recording a net loss of $6.1 billion.

Found that out too Gazprom dropped into the hundred largest companies in the Russian Federation in terms of revenue.

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Source: korrespondent

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