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Your email address will not be published.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

Asian Markets Lifted by Stimulus Optimism & Vaccine Hopes

Hong Kong, Oct 21 (AFP/APP): Asian markets rose Wednesday on signs US…

Iran’s currency hits record low

Iran’s currency reached an all-time record low amid rising tensions with the…

Turkey to pay for Russian gas in Roubles

London: On September 16, Russian President Vladimir Putin said that 25% of…