Yamal-Europe ready to go back into service

The Yamal-Europe gas pipeline could resume gas supply to Europe according to Russian Deputy Prime Minister Alexander Novak.

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The Yamal-Europe gas pipeline could resume gas supply to Europe according to Russian Deputy Prime Minister Alexander Novak.

Stopping gas exports via Yamal-Europe

Yamal-Europe, according to the TASS agency, citing Alexander Novak, the European market remains relevant due to the persistent gas shortage. Indeed, the pipeline remains unused for political reasons. Since December 2021, the westward flow was reversing.

Poland gave up buying Russian gas. In May, it rejected Moscow’s payment in rubles and denounced its agreement with Russia. Gazprom, the Russian supplier reacted immediately by cutting off thesupply.

Alternative markets to Europe

Alexander Novak reiterates that Moscow is discussing additional gas deliveries via Turkey, after the creation of a hub. Moscow hopes to export 21 billion cubic meters of LNG to Europe by 2022. Russian Deputy Prime Minister Alexander Novak, says:

“This year we have been able to significantly increase LNG supplies to Europe. In the 11 months of 2022, they increased to 19.4 billion cubic meters, by the end of the year, 21 billion cubic meters are expected.”

In addition, Russia agreed with Azerbaijan to increase gas supplies for domestic consumption. In addition, Moscow is also discussing an increase in gas deliveries to Kazakhstan and Uzbekistan. Finally, Moscow could ship its natural gas to markets in Afghanistan and Pakistan using Central Asian infrastructure.

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