Russia has found a replacement for the European gas market

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Russia has found an alternative to the almost entirely European gas market. Transmissions TASS Words of Russian President Vladimir Putin at Russian Energy Week.

According to him, supply volumes are still less than in Europe. “We have almost found an alternative to the European gas market. The volumes are still smaller than in Europe, but they will grow as the economies of these countries grow,” Putin said.

At the same time, according to the president, Europe cannot yet completely abandon Russian gas, as it experiences a physical fuel shortage. He added that it would take time to increase LNG supplies from the US. Putin noted that there are many options for new markets for Russian gas, and all of them have the right to exist.

The President recently visited Russia found Negotiations with all participants of the North-South corridor project are at the completion stage. “North – South” Russia, India, Iran and neighboring countries include St. It is a transport corridor with a length of 7.2 thousand km from St. Petersburg to the port of Mumbai (India). In May 2023, Russia and Iran signed documents on the completion of the last section of the “North-South” western route in Iran – Rasht-Astara railway.

Putin before clarified Details of the project to create a gas center in Turkey.

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