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Putin says Russia can boost gas supplies to Europe when Nord Stream gets approval Updated: 2021-10-22 07:12:31 KST

Russia can begin supplying natural gas to Europe via the Nord Stream 2 pipeline, as soon as it gets the approval from Germany.
This, according to Russian President Vladimir Putin on Thursday, who blamed the gas crisis and the record-high prices on the EU's energy policy.

"The first pipeline of the Nord Stream 2 is full of gas, and if the German regulator gives clearance for supplies tomorrow, supplies of 17.5 billion cubic meters will start the day after tomorrow.

Citing Europe's gas market facing a shortage of 70 billion cubic meters of gas, Putin said the situation arose even though Russia had recently increased its gas exports.
He added that the OPEC-plus group was also increasing output slightly more than initially agreed upon, but not all countries were able to significantly raise production.
The Nord Stream 2 pipeline is funded by Kremlin-own energy giant Gazprom and its European partners, and is expected to receive certification from Germany to begin commercial sales of natural gas.
However, watchers say the approval process could take several months.
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