Russian officials said they were ready to restore gas supplies to Europe.

(Reuters)

[Financial Channel/Comprehensive Report] After the war between Russia and Ukraine, in order to sanction Russia, Europe is committed to reducing its dependence on Russian natural gas. However, Russian Deputy Prime Minister Alexander Novak (Alexander Novak) recently stated that Moscow is preparing Yamal-Europe) pipeline to resume natural gas supply to the EU.

This pipeline is one of the main pipelines for Russia to transport natural gas to Europe. The annual gas supply of the Yamal natural gas pipeline is 33 billion cubic meters, accounting for one-sixth of Russia's total gas supply to Europe.

However, after Russia-Ukraine war started, due to the cut-off of Russia's supply, the transportation volume decreased, and the operation almost stopped.

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"Reuters" pointed out that from January to November this year, Russia exported about 19.4 billion cubic meters of liquefied natural gas (LNG) to Europe, and it is expected to reach 21 billion cubic meters by the end of 2022. Novak also said that Russia is working on another 1 A plan to supply natural gas to Europe through Turkey, also considering sending natural gas to Afghanistan, Pakistan and other countries.

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