Putin: Europe has no alternative but Russian gas

Russian President Vladimir Putin has said that Europe has no alternative but to continue using Russian energy, warning of economic consequences <x0) extremely painful” if the continent tries to replace its supply with oil and gas, writes BBC, Pryscopy records. “There is no reasonable replacement for Europe”, Putin said of [...]
There is no reasonable replacement for Europe”, Putin said Thursday through a video link from his residence near Moscow.
“simply does not have large reserves on the global market and distributions from other countries, mainly from the US, would cost much more”, Putin said.
However, he acknowledged there is a problem with Russian energy export payments because banks from “non-friendly states” have been delayed with money transfers.












