Deputy Prime Minister Alexander Novak. Archival photoMOSCOW, Mar 24 Russian Deputy Prime Minister Alexander Novak said in an interview with Rossiya 1 that Europe has nothing to replace Russian gas either now or in the next five years.
" Judge for yourself: as for the gas industry, we supply about 200 billion cubic meters of gas while Europe consumes 500 billion cubic meters — almost 60 percent of exports. There is definitely nothing to replace this in one year, not in three, not in five years", — Novak said.
He also noted that «everything can happen in this life», but, according to him, Europe's refusal of Russian energy carriers is «some kind of apocalyptic scenario.» On February 24, Russia launched a military operation to demilitarize and denazify Ukraine. In response, Western countries announced large-scale sanctions against Moscow, primarily in the banking sector and the supply of high-tech products. Some brands have announced the cessation of work in the country.
Russia will convert payments for gas supplies to Europe into rubles