Gas price rises: Russia not withholding supplies, says ambassador to UK

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Russia is not slowing gas supplies for political reasons, Andrei Kelin says.

German Chancellor Angela Merkel has said she is not aware of any instances where Russia has not met contractual obligations on gas supply.

Data from Gazprom's own electronic sales platform suggests very few "spot" sales are currently taking place - which would result in little gas being supplied to Europe under this mechanism. "We have increased supplies via Ukraine pipeline by 10%, but as we understand [it] we cannot do more because the equipment at this pipeline has never been modernised and has never been reconstructed so it is simply dangerous to use it."

When asked whether Russia was doing everything it could to get more and cheaper gas to Western Europe, Mr Kelin said Nord Stream 2 would help.

 

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