Nezavisimaya Gazeta: Russia gets used to loss of European gas market

After the Russian gas was rejected in Europe, an uncertain internal price situation appeared on the market, IPN reports, with reference to “Nezavisimaya Gazeta” of Russia.

The quoted source noted that some of the countries refuse to accept gas transporting ships in ports, expecting that the prices will eventually decline this way. But a long-term decrease in world prices is highly improbable as the global supplies of blue fuel was reduced at Russia’s expense by at least 60 billion cubic meters of gas, as yesterday’s dominators of the European gas market said.

So far the European underground gas reservoirs have been almost 100% full, but international analysts consider the Europeans should not relax as a shortage of gas is likely. “In the case of our gas companies, the situation is even more depressing: for the Russian Federation it will be hard to replace the European consumer during the next ten years,” said experts.

According to the Russian daily newspaper, the loss of the European market is a significant loss for Russia. ThEuropean Union has reduced Russia’s share in its gas imports to 7.5%, as the President of the European Commission Ursula von der Leyen announced.

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