Moscow: On Dec 15, President Vladimir Putin said that Russia would increase gas supplies to “the East”, particularly China, and set prices for sales to Europe using an electronic platform. “Among the key growing consumers of Russian gas are our neighbors, including Turkey … We plan to set up a gas hub in coming years,” Putin told a televised meeting. “But if we are talking about setting up an electronic platform, then this can be done within the next few months. And it is there, to a large extent, that we will determine the final price for our European consumers because what they have done on their platforms is madness.”

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

US, Japan strike deal on electric vehicle battery minerals

The United States (US) and Japan on Tuesday announced a trade deal…

Rupee slides against US dollar in interbank

The Pakistani rupee experienced slight depreciation against the US dollar, weakening by…

Oil jumps 2% as hospital blast increases Middle East tensions

Oil prices surged on Wednesday as tension escalated in the Middle East…

PSX gains 657 points as political crisis ends

Karachi: On Friday, Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index registered a…