Russia has enough resources to increase deliveries to European countries, but for this it is necessary to create a transparent sales policy in European markets, said Russian Deputy Prime Minister Alexander Novak.
“We can deliver, we have huge resources. But any production is an investment project that takes time for the project to pay off and attract investments. Therefore, there should be a clear marketing policy. Therefore, we have always advocated that long-term contracts, first of all, be the energy security system for consumers who use such energy carriers”, Novak said on the Rossiya-1 TV channel, TASS reports.
The Deputy Prime Minister noted that Russia fully fulfilled all long-term supply contracts last year. According to Novak, the cause of the energy crisis in Europe was the short-sighted policy of the European Union and the European Commission, which over the past years has simply purposefully refused long-term contracts in order to reduce dependence on Russia.
“Incorrect planning, short-term energy policy is the headache of European politicians, which they are trying to pass on to others,” he concluded.