Russia can increase gas supplies to Europe as soon as Germany approves the new Nord Stream 2 pipeline, President Vladimir Putin said, underlining Moscow’s conditions for help to resolve the continent’s energy crisis.
Putin said Gazprom, the Kremlin’s gas monopoly, could increase flows by an extra 17.5bn cubic metres via the new pipeline “the day after tomorrow” if regulators approved it “tomorrow.”
The amount, equal to roughly 10 per cent of the gas Russia shipped to Europe and Turkey in 2020, would provide significant additional supplies at a time of record prices in Europe, even before the pipe’s second line is fully filled in December.
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