- Sputnik International, 1920
Energy Crisis in Europe
Europe is bracing for tough winter as US-led push to “punish” Moscow for its military operation in Ukraine backfired on the EU, which has faced months of skyrocketing energy prices and rising inflation after Brussels joined Washington in attempting to “phase out” Russian oil, coal and gas.

Europe Lost Russia as Energy Supplier, Russian Envoy Says

© AP Photo / Themba Hadebe A coal-fired power station in Witbank, South Africa , Monday, Oct. 11, 2021.
 A coal-fired power station in Witbank, South Africa , Monday, Oct. 11, 2021.  - Sputnik International, 1920, 30.11.2022
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VIENNA (Sputnik) - Russia's Permanent Representative to International Organizations in Vienna Mikhail Ulyanov said Europe has lost Russia as its largest energy supplier.
"Isn’t it vice versa: Europe has lost Russia as its largest energy supplier to get the opportunity to buy the US LNG at a much higher price? Great achievement!" Ulyanov wrote on Twitter.
It was his response to a user post that quoted the head of the International Energy Agency (IEA) saying Russia had lost Europe as its largest energy client "forever."
IEA chief Fatih Birol said in October that Russia had lost the European oil and gas market forever and would face a drop in production. The West stepped up sanctions pressure on Russia over Ukraine, which led to higher prices for electricity, fuel and food in Europe and the United States.
A view shows gas metering units at the Gazprom's Amur Gas Processing Plant near the town of Svobodny, Amur Region, Russia. The plant was launched on June 9, 2021 - Sputnik International, 1920, 27.11.2022
Russia
Russia Determined Not to Sell Energy Resources to Those Who Set Price Caps: Kremlin
Russian President Vladimir Putin said cheap and reliable Russian energy resources were Europe's competitive advantage, and even a partial rejection of them already had a negative impact on its economy and residents. The US, pushing through the EU's complete rejection of Russian energy carriers and other resources, is leading to the de-industrialization of Europe, he said.
Putin, commenting on the West's idea to limit prices for Russian energy resources, said Russia would not supply anything abroad if this was contrary to its own interests.
Deputy Prime Minister Alexander Novak said Russia would not supply oil to countries that set any price cap. He added that such restrictions were interference in market tools, and Moscow was prepared to work with consumers ready for market conditions.
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