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Russia warns of a rise in gas prices to 5,000 euros by the end of the year

Russia can afford to suspend gas supplies to Europe for a year | Font: AFP file

Deputy head of the Russian Security Council and former president Dmitry Medvedev this Sunday predicted a price of 5,000 euros per thousand cubic meters of gas by the end of this year, an increase that Western countries attribute to Russian military campaign in Ukraine.

“In connection with the increase in gas prices to 3,500 euros per thousand cubic meters, I am forced to revise the forecast price upwards to 5,000 euros by the end of 2022,” the official wrote on his Telegram channel.

Due to rising prices, even with the current reduction in Russian supplies to the European Union, Russia can earn $20,000 million per quarter for gas exportaccording to expert estimates.

Several EU governments have announced energy-saving programs in the face of soaring gas prices, which have topped $3,500 this week.

Medvedev In an interview with French television, he assured that Moscow does not want to close the gas valve, but “now Europe has become a channel for American politics.”

“We have been supplying gas to Europe for decades. Europe was happy, and so were we. So, the relationship was pragmatic,” he assured the LCI TV channel.

He stressed that, despite the transition to paying for gas in rubles after Western sanctions, Moscow has always been ready to pump gas in the contracted volumes.

“If our hands are bent, if we are forbidden to pay, or if we refuse to supply repaired turbines or launch Nord Stream 2 (gas pipeline), then such deliveries will not reach the volumes that Western countries are counting on. he warned…

In addition, he considered the possibility of replacing Russian natural gas with American liquefied gas “unrealistic”, since “pipeline gas is much cheaper, and liquefied gas is colossally expensive.”

Zelensky announces awards to foreign “friends”

Ukrainian President Volodymyr Zelensky has said that tomorrow he will unveil the prizes his country is going to give to “friends of their country abroad” for their “significant” contribution to the war against Russia.

In his usual evening speech, Zelensky announced that a “very important special decree would be issued to award state awards to Ukraine’s friends abroad, our partners, our helpers in the fight for freedom and life.”

“Those whose contribution is really significant. Those to whom Ukraine will always be grateful,” explained the president, who also publishes decrees on rewarding Ukrainian military and civilians who distinguished themselves in the conflict in the struggle for the country’s independence. .

(According to Europa Press and EFE)

Source: RPP

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