BR100 Decreased By (-0.15%)
BR30 Decreased By (-0.74%)
KSE100 Decreased By (-0.41%)
KSE30 Decreased By (-0.67%)
BECO 5.80 Decreased By ▼ -0.23 (-3.81%)
BML 58.03 Increased By ▲ 5.28 (10.01%)
BOP 33.85 Decreased By ▼ -0.40 (-1.17%)
CNERGY 8.15 Decreased By ▼ -0.01 (-0.12%)
DCL 11.77 Decreased By ▼ -0.57 (-4.62%)
FCCL 53.35 Decreased By ▼ -0.54 (-1%)
FCSC 5.40 Increased By ▲ 0.18 (3.45%)
FFL 17.89 Decreased By ▼ -0.14 (-0.78%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.06 Increased By ▲ 0.06 (0.55%)
KEL 8.05 Decreased By ▼ -0.06 (-0.74%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 87.19 Decreased By ▼ -0.86 (-0.98%)
NBP 184.60 Decreased By ▼ -1.88 (-1.01%)
PACE 11.62 Increased By ▲ 0.90 (8.4%)
PAEL 40.31 Increased By ▲ 0.37 (0.93%)
PIAHCLA 26.10 Decreased By ▼ -0.07 (-0.27%)
PIBTL 17.09 Decreased By ▼ -0.23 (-1.33%)
PPL 228.40 Decreased By ▼ -4.38 (-1.88%)
PRL 34.59 Decreased By ▼ -0.36 (-1.03%)
PTC 67.35 Decreased By ▼ -0.21 (-0.31%)
SEARL 91.00 Increased By ▲ 0.07 (0.08%)
SSGC 26.90 Decreased By ▼ -0.27 (-0.99%)
TELE 8.53 Decreased By ▼ -0.04 (-0.47%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.29 Increased By ▲ 0.53 (6.05%)
TREET 24.59 Increased By ▲ 0.05 (0.2%)
TRG 71.69 Decreased By ▼ -0.06 (-0.08%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
By

MOSCOW: Russian President Vladimir Putin on Wednesday said his country was a reliable energy supplier and blamed the West for disruptions on the market at an energy forum in Moscow.

After the Nord Stream pipelines connecting Russia to Europe were damaged by explosions, Putin said “the ball was in the EU’s court” to resume deliveries.

“If they want to, then the taps can be turned on and that’s it,” Putin said.

Moscow is “ready to start deliveries” through parts of the pipeline not affected by the leaks, he added.

The Russian leader also said the leaks were the result of “international terrorism” that would benefit the United States, Poland and Ukraine.

Ahead of the winter, European leaders have rushed to come up with a plan to tackle rising energy costs while maintaining sanctions on Russia.

More than half of the bloc’s members have pushed for a price cap.

Biden doubts Putin would use nuclear weapon, Ukraine pleads for more weapons

But Putin said Russia “would not supply energy to the countries that limit their prices”.

Referring to the price cap, he said that “with their cavalier decisions, some Western politicians are destroying the global market economy and are in fact posing a threat to the well-being of billions of people”.

“Ordinary Europeans are suffering,” Putin also said, adding: “the population, like in the Middle Ages, has begun to stock up on firewood for the winter”.

Ahead of a meeting with his Turkish counterpart Recep Tayyip Erdogan, Putin proposed the creation of an energy hub in Turkey.

Russia could “move to the Black Sea region… its main route for the supply of fuel and gas to Europe through Turkey, creating the largest gas hub in Turkey”, Putin said.

Comments

Comments are closed for this article.