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: 01.03.2026 Expectation: 7500 pips
Investing in silver with $86 in sight
20 February 2026 35
Brent sell
Period: 28.02.2026 Expectation: 90 pips
Brent crude selloff with $71.30 target
20 February 2026 40
Brent sell
Period: 28.02.2026 Expectation: 550 pips
Brent crude is vulnerable to steep pullback on geopolitical de-escalation
20 February 2026 31
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 28.02.2026 Expectation: 1120 pips
Temporary surge in oil prices won’t stop AUDCAD’s long-term ascent
20 February 2026 22
Period: 31.03.2026 Expectation: 900 pips
Investing in USDCAD when American GDP beats forecasts
20 February 2026 18
Brent sell
Period: 30.04.2026 Expectation: 200 pips
Selling Brent crude as it climbs to $73.0
20 February 2026 22
Go to forecasts