Putin to deliver opening remarks at Russian Energy Week; CEOs to join Russia's president for panel

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Follow live coverage as Russian President Vladimir Putin joins business leaders in Moscow for a CNBC-moderated panel at Russian Energy Week.

Russia says gas supplies to Europe are at maximum levels, any increase to be negotiated with Gazprom

Kremlin spokesperson Dmitry Peskov on Wednesday said Russia was supplying gas to Europe at maximum levels under existing contracts,Any potential increase in supply would need to be negotiated via Russia's state-owned energy giant Gazprom, Peskov said, adding Moscow stands ready to increase gas transit through Ukraine if the European Union increases purchases.

"We can say that Russia is flawlessly fulfilling all contractual obligations under the upper bar, that is, to the possible maximum, all volumes of supplies have been increased in the light of the contracts and agreements that exist," Peskov said, TASS reported.Russian President Vladimir Putin on Wednesday is scheduled to deliver a speech at the plenary session of the Russian Energy Week international forum in Moscow.

His opening remarks come ahead of a CNBC-moderated panel on global energy, where Putin will be joined by BP CEO Bernard Looney, TotalEnergies CEO Patrick Pouyanne, ExxonMobil CEO Darren Woods and Daimler CEO Ola Kallenius. CNBC's Hadley Gamble is set to welcome the business leaders to the stage at around 1:00 p.m. Moscow time, with Putin expected to speak for approximately 15 minutes thereafter.

 

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Now that JoeBiden & TheDemocrats have reversed Trump having America as an energy exporter & increased energy prices just in time for winter, they are doing the same for Europe by making them dependent on Russian energy.

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