【Putin: Russia is considering a gradual exit from the European gas market】Russian President Putin said on March 4 that Russia is considering a gradual exit from the European gas market, and instead to develop and consolidate other more profitable markets.
This statement was made after Putin met with Hungarian Foreign Minister Peter Szijjarto at the Kremlin. Putin pointed out that Europe has planned to impose restrictions on Russian gas supplies starting this year and intends to completely stop importing Russian gas by 2027.
Putin said that it might be more beneficial for Russia to proactively stop supplying gas to Europe now and shift resources to other markets, rather than passively exiting after Europe fully implements the ban.
He also pointed out that due to changes in the Middle East situation, some new and more attractive energy markets are forming, which may attract traditional energy suppliers such as the United States to reorient their sales direction. Some suppliers may leave Europe and turn to high-quality buyers who are willing to pay higher prices. Putin emphasized that this is essentially a market behavior and a commercial choice.
However, Putin also said that this is still only an initial idea and not a final decision. He has prepared to entrust the government and relevant energy companies to jointly study this issue and assess its feasibility. Natural Gas #Europe
Original: toutiao.com/article/1858777435970763/
Statement: This article represents the views of the author himself