Novak compared the cost of gas for industry in Russia and Europe

Novak compared the cost of gas for industry in Russia and Europe

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In Russia, gas for industrial enterprises is 40 times cheaper than in European countries, Deputy Prime Minister Alexander Novak said on the air of the Rossiya-1 TV channel in an interview with the Moscow. Kremlin. Putin.”

Fragments of the interview of the Vice-premier published journalist Vladimir Solovyov in his Telegram channel.

“In Russia, domestic gas prices are regulated by the state. In recent years, they have been indexed by 3-5%, perhaps even more by 3%. If we compare – we have 1000 cubic meters. m of gas costs $70 for industrial consumers, for the population – even cheaper, and on the stock exchanges in Europe comes to $3,000 per 1,000 cubic meters. m. The difference is 40 times, and this, of course, is our competitive advantage,” Novak said.

In his opinion, a short-sighted policy leads to a collapse in the energy markets of Europe. It is possible that prices may continue to go up, says Novak.

In mid-June, Deputy Prime Minister declaredthat European countries may face problems in autumn and winter due to the situation with gas supplies. He also noted that Europe in 2021 paid 350-400 billion euros for energy resources, and this year, due to its decisions that led to higher prices, it will overpay another 400 billion euros.

August 31 “Gazprom” stopped the only gas pumping unit operating at the Portovaya compressor station of the Nord Stream gas pipeline due to scheduled repairs. It was planned to resume pumping on September 3, but Gazprom completely stopped the operation of the gas pipeline due to a malfunction found in the turbine during routine maintenance.

The market will react to the shutdown of the Nord Stream by increasing prices, and it is possible to increase the volume of pumping only through the territory of Ukraine, since the Turkish Stream is already operating at maximum capacity, noted experts.

The head of the European Commission, Ursula von der Leyen, said this week that the time has come to introduce a price ceiling for Russian gas in the EU.

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