Russia Offers to Boost Energy Supplies to Europe

Novak: Russia is ready to increase energy resource supplies to Europe.

Consensus

Russia is ready to increase energy resource deliveries to European countries.
Russia continues to fulfill existing long-term contracts with European consumers.
The decision by European countries to reduce imports of Russian energy resources was made for political reasons.
Long-term contracts for energy supplies, including gas, remain in effect and are valid until 2035–2040.
Russia claims that the European refusal to honor contracts is not based on legal grounds and contradicts the interests of European consumers.
Russia continues to supply energy resources to global markets, including Europe.

Russia has supplied energy resources to Europe worth $320 billion since 2022, with $21.3 billion in the first nine months of 2026. — vedomosti
Russian gas deliveries to the EU via the 'Turkish Stream' pipeline decreased by 14% in September 2026 compared to September 2025, reaching 44.5 million cubic meters per day. — vedomosti
Slovak Prime Minister Robert Fico expressed concern about the European fuel market, using the phrase 'Houston, we have a problem.' — vm
Russian Foreign Ministry spokesperson Maria Zakharova responded to French President Emmanuel Macron's comments about Europe losing cheap gas with a quote from a Soviet comedy. — vm
Prices for oil worldwide have nearly doubled since the beginning of the year. — tg_rian_ru