×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: russia oil and gas | ukraine war | europe energy

Putin Warns Against Phasing Out Russian Gas

Putin, Macron

French President Emmanuel Macron, left, welcomes President of the Russian Federation Vladimir Putin at the Chateau de Versailles. (AP, 2017 file photo)

Thursday, 14 April 2022 09:43 AM EDT

Russian President Vladimir Putin has warned that Western countries’ attempts to phase out Russian gas imports will have a negative impact on their economies.

Speaking Thursday, Putin said European attempts to find alternatives to Russian gas shipments will be “quite painful for the initiators of such policies.”

He argued that “there is simply no reasonable replacement for it in Europe now.”

Putin noted that “supplies from other countries that could be sent to Europe, primarily from the United States, would cost consumers many times more.” He added it would “affect people’s standard of living and the competitiveness of the European economy.”

The European Union is dependent on Russia for 40% of its natural gas and 25% of its oil.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


StreetTalk
Russian President Vladimir Putin has warned that Western countries' attempts to phase out Russian gas imports will have a negative impact on their economies.
russia oil and gas, ukraine war, europe energy
119
2022-43-14
Thursday, 14 April 2022 09:43 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved