HomeNewsWorldPutin’s order of witdrawal from EU energy markets being worked out —...

Putin’s order of witdrawal from EU energy markets being worked out — Kremlin

Date:

Related stories

‘History will judge you’: Catholic bishops warn MPs as Amendment Bill vote looms

HARARE – Zimbabwe’s Catholic bishops have condemned the proposed...

Simon Rudland takes on ZBC over claims of bankrolling coup plot

HARARE – Lawyers for Zimbabwean billionaire Simon Rudland have...

Charamba Weighs In on Fuel Price Hike, Warns of Fiscal Trade-Offs

HARARE – Presidential spokesperson George Charamba has defended Zimbabwe’s...

Woman awarded US$8 000 in adultery damages

ELIZABETH Masvimbo has won her court battle against Natasha...

US$2,7m bank heist: Brother tips off cops

A MAN who had been on the run for...

Fuel prices surge in Zimbabwe

Zimbabweans are facing rising fuel costs following fresh price...

MOSCOW,- Moscow is currently considering whether it should proactively stop supplying energy resources to the European market, Kremlin Spokesman Dmitry Peskov said.

“As far as the order from the President [of Russia Vladimir Putin] to consider the possibility of an early withdrawal from European gas markets is concerned, this issue is under consideration, requiring a fairly in-depth analysis,” he told a briefing.

The energy market is currently experiencing serious turmoil due to the war around Iran, Peskov noted. “And, of course, these upheavals make it difficult for everyone to predict market trends. Therefore, an in-depth analysis is currently underway, considering all the specifics of the current situation,” he added.

Putin said earlier that the Russian government had been tasked with assessing the feasibility and advisability of halting energy supplies to the European market, adding that starting April 25, EU countries planned to impose additional restrictions on the purchase of Russian hydrocarbons, including LNG, up to a complete ban on such supplies in 2027.

In this regard, it may be more advantageous for Russia not to wait until the door is ostentatiously slammed in its face, but to redirect supplies to more interesting destinations now, Putin noted.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once