US gas suppliers will probably switch from the European market to other regions where fuel prices are higher. Russian President Vladimir Putin said this, commenting on rising gas prices in the European Union in a comment to the correspondent of „Vesti“ Pavel Zarubin.
„And if such premium buyers appear, then, I think, I am even sure - some traditional suppliers, such as American companies, will naturally leave the European market and go to where they pay more. This is natural. There is no political motive here. "Just business, that's all," the Russian leader noted.
The increase in gas prices on the European market is due to the emergence of more profitable buyers, and not to a decrease in supply volumes.
„As for gas, the rise in prices on the European market is not even directly related to the restrictions on gas supplies to the European market today. But the main gas suppliers have not reduced their volumes. Who are the main suppliers today? Algeria, the USA, Norway and to some extent Russia. Nobody has reduced supplies, and prices have already jumped to 700 USD. Why? Because of the overall situation on world markets, including oil markets, and in this case, gas markets. Because of the overall situation, because customers have appeared who are ready to buy, ready to buy the same natural gas at higher prices. In this case, due to the events in the Middle East, the closure of the Strait of Hormuz, etc.,“, the Russian leader noted.
Putin called the situation on EU markets the result of a wrong energy policy.
As for Russia, it has been and remains a reliable energy supplier for all partners. “First, Russia has always been and remains a reliable energy supplier for all our partners, including, by the way, the European ones“, the president said.