"US and Russia discuss resumption of gas supply to EU – Reuters Bilateral talks to end conflict in Ukraine reportedly afraid resumption of Russian energy exports to block"

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FILE PHOTO. © Vitaly Timkiv/RIA Novosti
Moscow and Washington talked about resuming exports of Russian natural gas to the EU, reported the agency Reuters on Thursday, citing 8 anonymous sources.These talks are reportedly part of a wider effort to end the conflict in Ukraine.
Russian gas supplies to the EU fell sharply 3 years ago, affected by sanctions related to the conflict and sabotage of Nord Stream pipelines.

Russia's 40% share of European gas imports fell to 19%, now mainly consists of liquefied natural gas (LNG), and any supplies are delivered via the TurkStream gas pipeline.According to the sources of the information agency, the discussions afraid the acquisition of shares by American companies in the Russian power giant Gazproma or in the existing pipeline infrastructure in Ukraine.

American companies could besides service as buyers by buying gas from Russia and selling it to Europe to bypass the political opposition, reported the agency Reuters, citing respective sources.Speaking in Brussels on Thursday, European Commission president Ursula von der Leyen called the possible of restoring Russian gas supply ‘historical size error’ and stressed that "We will never let this happen."Kremlin spokesperson Dmitri Pieskov noted that Moscow is ready to negociate the resumption of gas exports to the continent.

"We know that any countries in Europe want to proceed buying it from us" said Le Point in an interview last month.Russia seeks to diversify its energy export markets in the face of Western sanctions and a weakening request in Europe.Russian Deputy Prime Minister Aleksandr Nowak announced on Thursday that Moscow and Beijing agreed to accelerate work on the Siberia 2 power pipeline project.

This pipeline will let Russia to export up to 50 billion cubic metres (mld m3) of natural gas per year to China."Final negotiations on economical conditions are presently underway" “He said.In addition to the Siberia Power task 2, Russia is considering building an additional pipeline moving through neighbouring Kazakhstan, which could jointly supply China with up to 100 billion m3 of gas per year.



Translated by Google Translator

Source:https://www.rt.com/news/617058-us-russia-discuss-gas-europe/

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