Gas supplies to Europe will not be normalized until sanctions against Moscow end, says Russian government

Russian gas supplies to Europe will not fully resume until the “West collectively” lifts sanctions imposed on Moscow following its invasion of Ukraine, according to Russian government sources. (Financial Times) 🇬🇧 🚥

This Russian position has been generating growing fears regarding inflation in the European economy. This uncertainty caused the Euro to reach a price below US$0,99 today. This is the first time this has happened in 20 years.

Gas prices rise 26% after Russia keeps pipeline closed. (BBC)*

“Problems with (gas) pumping arose as a result of sanctions by Western states. There is no other reason for these problems,” said Kremlin spokesman Dmitri Peskov.

The statement was made a few days after the complete shutdown of Nord Stream, a crucial gas pipeline for supplying European countries, which fear an energy crisis in winter.

“It is these sanctions (…) that led to the situation we are seeing now,” he said in a telephone press conference. 

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The Kremlin spokesman also “categorically” rebutted the West’s “incessant attempts” to “shift responsibility and blame” to Moscow.

“The West, in this case the European Union, Canada and the United Kingdom, is responsible for the situation having reached this point,” he said. 

Dmitri Peskov once again justified the interruption of Russian gas supplies to Germany through the Nord Stream gas pipeline, announced on Friday, due to “serious maintenance” which, according to him, affects the last turbine that was working to date. 

(with AFP)