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Putin: European Countries Shouldn't Deal In Blame-Shifting On Gas Issues

RUSSIA

Russian President Vladimir Putin speaking currently in Moscow at Russia Energy Week. Link here: https://www.youtube.com/watch?v=52GBUvJF_XA

  • Putin on OPEC+: "We believe the OPEC+ agreement will be in force until the end of next year. At the same time, the results show that cooperation between our countries has the potential for further development."
  • Putin on gas supplies: "We need some serious reserves should there be a disruption in generation for example due to a change in weather and sometimes those reserves might not be enough. This is exactly what happened this year"
  • On European gas crisis: "European countries should not deal in blame-shifting....Unlike Europe, Russia has a cap on power pricing....We often hear that high prices play into the hands of commodities producers...high prices may actually have a negative effect for everyone including the producers...Russia flawlessly fulfills its obligations to its partners""
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EM BulletHomepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletCEEMEABulletEmerging Market News

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