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Türkiye ‘most reliable’ partner of Russia in gas sector, says Putin

Türkiye 'most reliable' partner of Russia in gas sector, says Putin
By Fatima Rehman
Feb 19, 2024 9:34 AM

Russian economy’s non-energy sector expanding much faster than before, coping with Europe’s refusal to buy Russian gas by turning to alternative energy sources, says the president

Russian President Vladimir Putin said that since the West’s restrictions on buying cheap energy from Moscow, Türkiye has emerged as the “most reliable partner” in the gas sector.

“They were constantly saying that Russia does not provide (energy), but restricts. We do not restrict anything… we give everything. The Turks proved to be the most reliable partner. It goes through TurkStream,” Putin said in an interview with Rossiya-1 TV.

The West hoped Russia would collapse if they did not buy gas from the country, Putin said, adding that this approach impacted Western economies rather than Moscow.

“Industry is moving to other countries, including the U.S., where more favorable conditions have been created and energy resources are cheaper. Because they need to be liquefied before being transported across the ocean, then turned to gas again. All this increases costs,” the Russian president said.

He added that the Russian economy’s non-energy sector is expanding much faster than before and is coping with Europe’s refusal to buy Russian gas by turning to alternative energy sources.

“We are starting to work more on our gasification, on using these energy resources to solve internal economic problems, not only in the housing and communal services system but also for the economy and industry,” he said.

Putin claimed German authorities are currently busy with internal political struggles, as Berlin’s current policy is causing “colossal damage” to the future of its economy.

The Russian president believed that the German economy was losing competitiveness. Nevertheless, it would remain stable and “capable of existing and developing for a long time.”​​​​​​​

Source: AA

Last Updated:  May 28, 2024 8:20 PM