© Reuters.
In a recent revelation, Gazprom (MCX:)’s CEO, Aleksey Miller, stated that contrary to the claims of several European nations, Russian gas is still being supplied to the EU. The disclosure was made during an interview on the show Kremlin. Putin, where Miller clarified that the gas reaches Europe through a Ukrainian route and is distributed after reaching Austria’s Baumgarten hub.
The statement by Miller comes at a time when European countries have been vocal about reducing their reliance on Russian energy. Earlier this year, top EU officials had asserted their progress in diminishing dependence on Russian gas following the Nord Stream pipeline destruction in 2022 and the subsequent supply challenges. The EU’s rejection of Moscow’s demand for fuel payments in rubles further strained relations and led to a significant drop in Russian gas imports.
In response to the cut in Russian supplies, the EU emerged as the largest global buyer of liquefied (LNG), with the United States stepping up as a key LNG exporter to the market. Despite these efforts, Miller’s recent comments indicate that Russian gas has not been entirely phased out from the European…
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