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“It is better to demonize the giant bear of the east”: the Kremlin denounces the errors of the West that have led to the energy crisis

Western politicians blame Russia for rising gas prices because they are unwilling to admit their own mistakes, he claimed this Sunday the Russian presidential spokesman, Dmitri Peskov.

Asked about the origin of the accusations against Russia for alleged manipulation of prices in the sector, the Russian spokesman declared that foreign politicians “miscalculated” when managing their gas reserves for the next season.

“They made mistakes. They miscalculated. They were betting on wind generation, but the wind ran out. There was no wind for a few months. They were betting on the spot market, but the spot market moved to a more expensive place,” Peskov said. “But cannot plead guilty themselvesThey are politicians, they would be fired. Then it is better demonize. Who is better to demonize? To the giant bear of the east, that is to say, to us, “he summed up.

Nord Stream 2

For his part, the Deputy Prime Minister of Russia, Alexandr Novak, remembered this Sunday that the commissioning of the Nord Stream 2 gas pipeline, which will transport Russian gas to Germany, could help stabilize the European energy market.

“The implementation of new infrastructure, including the already built Nord Stream 2 is undoubtedly one of the factors that can help solve the problem more quickly,” he said.

Novak reiterated that the Nord Stream 2 gas pipeline could be ready to operate “in the coming days”, although now the start-up depends on the German regulator. “Commercial supplies can start from the moment we receive the go-ahead from the German regulator and the European regulators,” he said.

  • Natural gas prices in Europe have soared lately due to the energy crisis the region is facing as it depletes its reserves after a cold winter.
  • Meanwhile, accusations against Russia began to circulate from Western countries that it could have orchestrated the price hike. For its part, Moscow has repeatedly rejected the allegations, while stressing that fulfills all its contractual obligations.
  • On October 15, the Vice-President of the European Commission, Frans Timmermans, stated that there is no evidence that Russia is manipulating the gas market to increase prices and recalled that the demand for gas is currently very high around the world.

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