Gazprom to Supply Additional 11 Billion Cubic Meters of Gas to Europe

Photo: EPA

The Nord Stream 2 gas pipeline will supply 55 billion cubic meters to Europe per year. At the same time, Gazprom will additionally supply 11 billion cubic meters to Europe in 2021 meters of gas, said the chairman of the board of directors of “Gazprom” Viktor Zubkov.

Gas will remain a popular fuel for many years, Zubkov stressed.

The share of gas in the global energy balance will grow by 2050 from the current 23% to 27%.

In turn, Deputy Foreign Minister Alexander Pankin noted that Russia complies with all contractual obligations for gas supplies to Europe.

US Congressman Michael McCall said earlier that Russia allegedly provoked a surge in gas prices by limiting supplies to Europe and called on the US administration to expand sanctions against Nord Stream 2.

“How did Russia initiate the price surge when it complied with all contractual obligations? There are no supply restrictions, non-increase does not mean restrictions.”

If under the contract I undertook to deliver ten units, and you want 40, then this does not mean that I am forcing you,” Pankin replied to a question from RIA Novosti.

Many other countries have always declared their readiness to increase gas supplies, and “the flag is in their hands,” said Pankin.

“If someone asks for a little more, then there are certain conditions, be it the price of transit, the use of certain routes,” he said.

“If you were betting that gas will cost three kopecks or go into negative territory, that maybe solar energy will appear, which will replace everything, then these are your calculations,” Pankin concluded.