Workers at a gas distribution station. File photoMOSCOW, May 20.Russia may receive a record $100 billion for gas supplies to Europe this year amid a sharp rise in prices for blue fuel, columnist Vincent Colin writes in an article for the French newspaper Echos, citing Citi analysts. The author of the publication noted that EU members daily send 200 million dollars to Gazprom, despite «sanctions, loud statements and embargo promises.» than in the past, when prices were already high. And this is without taking into account revenues from oil, coal and other raw materials", says Colin.
In his opinion, Russia won the first round of the «energy battle», because even if the EU starts buying a little less gas, the jump in prices will compensate drop in supply.
"By threatening an embargo, but not taking any action, the Europeans fell into a trap, and Vladimir Putin prevails in this situation", the article says.
The Echos observer also noted that Gazprom's superprofits fully paid off the Nord Stream 2 gas pipeline. -height=»338″ data-source-sid=»rian_photo» class=»lazyload» width=»1920″ height=»1080″ decoding=»async» sizes=»(min-width: 600px) 600px, 100vw» src =»https://cdnn21.img.ria.ru/images/07e5/0b/18/1760481464_0:0:2623:1475_1920x0_80_0_0_e00835a402c0d5c8cfd924663d844921.jpg» srcset=»data:image/svg+xml%20scm=» ://www.w3.org/2000/svg%22%20width=%221920%22%20height=%221080%22%3E%3C/svg%3E 100w «data-srcset=»https://cdnn21.img .ria.ru/images/07e5/0b/18/1760481464_0:0:2623:1475_640x0_80_0_0_197aeb87c0b40c8e9f1f322922d36973.jpg 640w, https://cdnn21.img.ria.ru/images/07e5/0b/18 1475_1280x0_80_0_0_5818e46da4c69d0b3a586f5a58e0f602.jpg 1280w,https://cdnn21.img.ria.ru/images/07e5/0b/18/1760481464_0:0:2623:1475_1920x0_80_0_0_e00835a402c0d5c8cfd924663d844921.jpg 1920w»>Turkey offers the European Union an alternative to Russian gas The measures mainly affected the financial sector and the supply of high-tech products, but calls to reduce dependence on Russian energy resources began to sound louder in Europe, and many brands announced their withdrawal from Russia. The Kremlin called these restrictions an economic war, but noted the readiness for such a development of events. The Bank of Russia takes measures to stabilize the situation on the foreign exchange market; payments for gas supplies to unfriendly countries were transferred to rubles. The government also prepared a plan to counter restrictive measures, which includes about a hundred initiatives. The volume of its financing will be about a trillion rubles.Read the full text of the article on the InoSMI website>>
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