Alexey Gromov, Principal Director on Energy Studies of the Institute for Energy and Finance, commented to the Vzglyad business newspaper on the possible scenarios for developing the situation on the EU gas market after Russia's decision to switch gas payments in rubles.
Depending on the official written response from European buyers, Russia will decide whether to close the valve. “Until this moment, there will be no practical steps to stop gas exports from Russia,” Aleksey Gromov said.
How will these commercial negotiations end in a month and a half? There are several options for the development of events. The toughest option is the refusal of all European buyers of Russian gas from the conditions of Russia, which will lead to the tightening of the valve. Gromov does not exclude any option, but so far he considers such a tough scenario unlikely.
Subscribe for updates
and be the first to know about new publications