Gas prices have "dropped slightly": Putin said Russia has cut gas production to support market prices.
As stated Vladimir Putin At an online meeting with members of the Russian government, all these actions are related to the need to maintain the global economic situation.
"Overall, the situation here is absolutely stable," cited Russian President RIA Novosti reported. However, neither Putin nor the ministers provided specific figures for production cuts.
Let us clarify that due to Russia’s full-scale invasion of Ukrainian territory, Western countries have begun
abandon Russian fuel. For example, Gazprom's exports in 2022 reached their "lowest level since the beginning of the century" and fell almost by half—from 185 until 100,9 billion cubic meters.
Russia currently retains a portion of its pipeline exports Turkey, Serbia, Hungary and a number of other European countries, sending there no more than 55 billion cubic meters per year.
"Siberia. Realities" notethat at the beginning of 2022 the price of gas futures in Europe reached 3500 dollars per thousand cubic meters, and now - 360 dollars for the same volume.