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6 Oct, 2021 15:33

There are a wide range of factors causing massively increased gas prices in Europe, but Russia is NOT one of them, Kremlin insists

There are a wide range of factors causing massively increased gas prices in Europe, but Russia is NOT one of them, Kremlin insists

Russia has nothing to do with the rapidly rising gas prices in Europe, and the country is providing as much as it possibly can to the rest of the continent, the Kremlin said on Wednesday, amid accusations that Moscow is to blame.

Speaking to journalists on Wednesday, spokesman Dmitry Peskov rejected the idea that Russia is playing any part in the rising prices. Earlier that day, the price of gas in Europe once again reached a historical record of $1,900 per 1,000 cubic meters.

“The first and most important thing is that we not only believe, but we insist that Russia is playing no role in what is happening on the gas market in Europe,” Peskov said, noting that Gazprom is pumping as much gas as it can “within the framework of the existing contracts.”

According to the Kremlin spokesman, Russia has avoided huge gas prices due to a well-thought-out strategy, while Europe has made mistakes.

“It's all very simple. If you bet on the development of wind energy, you create the appropriate infrastructure,” Peskov explained. “But different climate processes happen and suddenly there is less wind. This is what is happening this year in Europe. There is less wind and generation is down.”

Also on rt.com Putin's energy weapon? With much of Europe facing a worsening squeeze on gas supplies, the West is already looking to blame Russia

Some have accused Moscow of intentionally limiting gas supplies to Europe as a means to speed up the launch of the controversial pipeline Nord Stream 2, which was recently completed.

On Tuesday, the European Commission announced it would look into suggestions that Moscow is trying to boost gas prices. However, according to European Energy Commissioner Kadri Simson, Russia is “fulfilling its long-term contracts.”

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