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The EU market remains open for Russian liquefied natural gas (LNG), and Russia is ready to resume supplies via the Yamal-Europe pipeline, Russian Deputy Prime Minister Alexander Novak said in an interview with TASS news agency.
“Even now this market is not closed. For example, we were able to significantly increase LNG supplies to Europe this year; they have increased to 19.4 billion cubic meters in 11 months of 2022, and we expect 21 billion cubic meters by the end of the year,” Novak said, according to TASS on Monday.
“We have all capabilities to restore supplies. For example, the Yamal-Europe pipeline, shut down over political motives, remains unused,” Novak noted.
The Yamal-Europe Pipeline usually flows westward but has mainly been reversed since December of 2021 as Poland turned away from buying from Russia in favor of drawing on stored gas in Germany.
In May, Warsaw terminated its agreement with Russia following Moscow’s demand that it pay in rubles.
Russian supplier Gazprom responded by cutting off supply and said it would no longer be able to export gas via Poland after Moscow imposed sanctions against the firm that owns the Polish section of the Yamal-Europe pipeline.
Russia will also negotiate increased gas supplies through Türkiye once a gas hub is established in the country, Novak said.
