Putin willing to open gas tap

Russia is very willing to open the gas crane further. That‘s what Russian President Vladimir Putin said on Wednesday. According to Putin, electricity shortages are the main reason that European gas prices are rising sharply at the moment.

The Russian President pointed out that the gas market is neither balanced nor predictable, especially in Europe. At the same time, Russia is very willing to meet its โ€œcontractual obligationsโ€ and to provide more gas to the European market. โ€œWe guarantee gas deliveries to Europe without any interruptions.โ€

Putin further contradicted that the Nord Stream 2 is a politically motivated project. According to critics, the Kremlin wants to make Europe dependent on Russian gas with this pipeline. โ€œNonsense,โ€ said the Russian President. โ€œIt’s a purely commercial project.โ€