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Published by Global Banking & Finance Review®
Posted on April 12, 2026
1 min read
Russia ready to supply gas to the EU if it has a surplus, TASS reports
Russia’s Position on Gas Supplies to the European Union
Current Gas Supply Situation
MOSCOW, April 12 (Reuters) – Russia is ready to continue supplying gas to the European Union if there are volumes remaining after supplies to alternative markets, Russian state news agency TASS reported on Sunday.
Alternative Markets and Demand
“There is plenty of it for now. But alternative markets are very voracious, there are a great many requests for supplies,” Kremlin spokesman Dmitry Peskov was quoted as saying.
Europe’s Gas Procurement Options
Alternative Sources for Europe
However, Europe will find a way to buy gas even if Russia does not supply it, Peskov said.
Global Gas Liquefaction Capacity
“There are so many gas liquefaction plants, both in Europe and in the Middle East, that this process, this spot market, functions like a living organism,” Peskov added.
Reporting Credits
(Reporting by ReutersEditing by Bernadette Baum and David Goodman)