Russia: We have no role in European gas market crisis
|A Kremlin spokesperson said on Wednesday that Russia has no role in the unprecedented increase in energy prices in Europe, as reported by Reuters.
Additional takeaways
"There are several reasons behind gas prices surge in Europe, including economic recovery, higher energy demand, low level of gas storage."
"Lower gas supplies to spot market in Europe, lower wind power generation are also factors which drive gas prices higher in Europe."
"Russia has repeatedly said it is ready to discuss new long-term contracts for gas delivery to Europe."
"Gazprom is in constant contact with its customers."
"Gazprom meets requests for additional gas supplies."
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.