Russia Says ‘short-sighted’ EU Has Only Itself To Blame For

Russia says ‘short-sighted’ EU has only itself to blame for



Russia’s Deputy Prime Minister Alexander Novak stated on Saturday that the EU was accountable for its vitality disaster.

The scarcity of worldwide fuel provides has pushed up shopper payments throughout Europe, pushed up inflation and was just lately accused by Worldwide Power Company boss Fatih Birol of exacerbating the issue by blocking Moscow’s imports.

Novak stated Russia has fulfilled its long-term settlement with the EU. And, he added, the disaster was “as a result of short-sighted coverage of the European Union and the European Fee, which for a few years has intentionally moved away from long-term agreements, shifting its vitality sector to scale back its dependence on it. Lengthy-term agreements to discover.”

About 40 % of Europe’s pure fuel imports come from Russia, however this yr the movement within the bloc is a few quarter decrease.

Novak stated Russia has “large sources” and will improve its provide to Europe. However it’ll require a secure contract to encourage funding within the product. “We delivered loads to Germany, Turkey and different nations who selected their quantity,” he stated.

“Improper planning, short-term vitality coverage is a headache for European politicians who’re making an attempt to go it on to others,” he added. Novak was talking on Russian public tv and feedback had been reported by TASS.

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