The situation on the global energy resources market is still extremely unstable, Vladimir Putin said on Wednesday.
"We are regularly holding such discussions and this is very important, especially on the back of the current situation on the global energy resources market. As you know, it remains highly unstable," the head of state said in an opening statement at the meeting on Yamal gas fields’ resource potential development.
The dramatic energy price growth leads to problems in associated sectors, the head of state added. "European metallurgical plants are affected; many fertilizer plants already have to suspend their operations, which will later become highly challenging for agriculture, for the agro-industrial sector at large," Putin noted.
Gazprom is ready to continue natural gas injection to European underground gas storages (UGS) after completion of UGS filling in Russia, CEO Alexei Miller said.
"As soon as we complete gas injection to UGS of the Russian Federation, will start injecting our Gazprom’s gas to European UGS. Certainly, there are no doubt this will improve reliability and stability of supplies during the forthcoming winter season," the top manager said.
According to Alexei Miller, Gazprom plans to reach the target gas volume injected into Russian underground gas storages (UGS) by November 1 and complete gas injection on November 8.
"We plan to complete gas injection to Russian underground storages by November 1; the target figure is 72 billion and 600 million cubic meters of gas, Miller said. Gas injection to Russian UGS will be fully completed on November 8, he added.
Gazprom has UGS in Europe, including Austria and Germany, Miller noted. "The gas volume in these underground storages is insignificant, very small, slightly below 190 mln cubic meters of gas," he added.
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