Gas futures prices in Europe and Britain fell after statements by Russian President Vladimir Putin, that his country is ready to help Europe overcome this crisis.
According to Arab Net, Putin indicated that his country is a reliable supplier of gas, and that Russia has always fulfilled its commitments.
Gas prices in Europe have recorded record levels in the past few days, rising by nearly 60% during the last Tuesday and Wednesday sessions, while exceeding the price increases since the beginning of the year. 500%.
On the other hand, Russian news agencies said on Wednesday that the Russian president had ordered Gazprom and the government to adhere to the transit of natural gas to Europe through the territory of Ukraine, despite the fact that Selling through new pipelines will be more profitable.
Earlier, Putin said that Russia is increasing its gas exports to Europe via Ukraine.
He added that Europe had made a mistake by reducing the share of long-term contracts in the natural gas trade, and moving instead to the spot market.