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Russia says ‘short-sighted’ EU has only itself to blame for energy crisis – POLITICO

The EU is responsible for its energy crisis, Russian Deputy Prime Minister Alexander Novak said on Saturday.

A global gas supply crisis has driven up consumer bills across Europe, fueling inflation and accusations, most recently by International Energy Agency chief Fatih Birol, that Moscow is exacerbating the problem by withholding imports.

Novak said Russia has fulfilled its long-term contracts with the EU. And, he added, the crisis was due to “the short-sighted policy of the European Union and the European Commission, which for many years has deliberately moved away from long-term contracts, redirected its energy sector towards reducing dependence on long-term contracts to identify them.

Around 40% of Europe’s natural gas imports come from Russia, but this year the flow to the bloc has fallen by around a quarter.

Novak said Russia has “enormous resources” and could increase its supply from Europe. But that would require stable contracts to encourage investment in production. “We delivered a lot more to Germany, Turkey, other countries that chose their volumes,” he said.

“Incorrect planning, short-term energy policy is a headache for European politicians, which they try to pass on to others,” he added. Novak was speaking on Russian state television and the comments were reported by TASS.

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