by Jose Nino
During last week’s Russian Energy Week forum, Russian Deputy Prime Minister Alexander Novak said to reporters that Russia can slash natural gas production by roughly 10% in 2022.
“[Gas production] will be lower than last year. I will not indicate the exact figure but if export is as now, then the reduction can be up to 10% overall. Approximately. Not ‘by’ but up to [10%],” Noavak stated according to a report by TASS.
Per Russian statistical agency data, Russia cut natural gas production by 10.4% from January to August 2022.
With the Russo-Ukrainian conflict still underway, the West is facing a massive energy crisis due to its sanctions war against Russia, its self-destructive green energy prices, and broader supply chain shocks…