Russia To Shift Gas Exports to East To Fight Western Sanctions

Russia is planning to switch natural gas flows to the East to combat Western sanctions, Russian President Vladimir Putin said.

• Russia plans to expand trade cooperation with new partners, including by switching gas flows to eastern neighbours and supporting to build a new gas hub in Turkey.
• Putin said Russia would develop its economic relations with partners in Asia, Africa and Latin America.
• "We will remove restrictions in logistics and finance. Let me remind you that by introducing sanctions, Western countries were trying to push Russia to the periphery of world development. But we will never take the route of self-isolation. On the contrary, we are broadening, and will broaden, cooperation with all who have an interest in that”, Putin said.
• Russia also eyes to introduce an electric platform to set gas prices for European consumers within the next months.