26 December 2022 | Other

Russia is ready to supply gas again using the Yamal-Europe pipeline

Deputy Prime Minister of the Russian Federation Alexander Novak declared that the country is able to supply gas again using the Yamal-Europe pipeline. 

TASS quoted Novak's words, where he says that interaction with the European market is still relevant. The politician noted that the demand for natural gas remains, and the Russian Federation has the possibility to resume supplies. For this, it is offered to utilize the Yamal-Europe pipeline, which stands idle for several political reasons.

In May, Poland rejected the demand to pay for the LNG supplies in roubles and terminated the transit agreement. Then, Gazprom canceled the supplies. 

Novak confirmed that Moscow is negotiating the creation of a hub in Turkey. It will be used for the additional LNG supplies on the European market. 

According to Novak, 21 billion cubic meters of LNG will be supplied in 2022. Novak admitted that this year, the supplies of blue flame natural gas rose. For 11 months of 2022, the level of supplies reached 19.4 billion cubic meters. By the end of the year, this figure should increase to 21 billion cubic meters.


Company MarketCheese
Period: 20.02.2026 Expectation: 1050 pips
AUDCAD correction may relieve technical tension before next leg up
13 February 2026 33
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 20.02.2026 Expectation: 1130 pips
GBPUSD loses ground on lower expectations of Fed rate cuts
13 February 2026 23
Gold buy
Period: 28.02.2026 Expectation: 12000 pips
Buying gold up to $5,100
13 February 2026 47
Period: 19.02.2026 Expectation: 500 pips
Selling natural gas amid milder weather and higher production
12 February 2026 77
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 19.02.2026 Expectation: 18000 pips
Investing in ETHUSD on current slump before momentum picks up after selloff ends
12 February 2026 56
Period: 31.05.2026 Expectation: 2000 pips
Keep buying SPX
12 February 2026 48
Go to forecasts