Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent in Gaza: Four fetuses and three premature babies died at Nasser Medical Complex due to malnutrition
Lebanese Ministry of Health: One person was killed in an Israeli airstrike on a car in the town of Burj Qalawieh, south Lebanon.
Al Mayadeen correspondent: The first ship of the Maghreb fleet delivering aid to break the siege on Gaza departs from the port of Gammarth in Tunisia.
Channel 12: Airspace closed at Ramon Airport due to fears of drone infiltration
IOF Spokesperson: Sirens sounded over an aircraft infiltration in the Bir Ora area, and details are being examined
Drone infiltration sirens sound north of the Gulf of Aqaba
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out five extremely violent raids on the western areas of Gaza City
Al Mayadeen's correspondent in Gaza: The Israeli occupation carried out major bombings in the Gaza Strip, the most violent since October 7
Yemeni Armed Forces spokesperson Brigadier General Yahya Saree: The missile force carried out a major operation using the Palestine 2 ballistic hypersonic missile, hitting several targets in occupied Yafa.
Sirens sound in large areas of occupied Palestine after a missile launch from Yemen was detected

Europe is to blame for gas price hike: Putin

  • By Al Mayadeen Net
  • Source: Agencies
  • 25 Dec 2021 00:42
  • 1 Shares
3 Min Read

Members of the European Union have been selling cheap Russian gas at high prices, resulting in a price hike in Europe.

  • x
  • Russian President Vladimir Putin
    Russian President Vladimir Putin

On Friday, Russian President Vladimir Putin said that the European Union can only blame its own policies for record gas prices, as some of its members resell cheap Russian gas at much higher prices within the bloc. 

Putin called on the EU to agree to a novelty route for Russian gas - the Nord Stream 2 pipeline - to cut prices down. 

Gas prices in Europe hit a new record on Tuesday, reaching almost 800% so far this year. Although prices decreased on Friday, it is still up over 400%. 

The US, in addition to some eastern European countries, stand against the Nord Stream 2 pipeline coming into effect, contending that the line would increase Europe's dependence on Russian gas, which provides 35% of the bloc's gas demands. Germany and Belgium are yet to approve the pipeline, which was built in September. 

"The additional gas supplies on the European gas market would surely reduce the price on an exchange, on the spot (market)," Putin said. 

Related News

Russian drones in airspace were 'duds': Polish FM

Poland deploys jets after drone activity near Ukraine border

According to Gascad, which is a German operator, the Yamal-Europe pipeline which pumps Russian gas to western Europe had gas flowing in the opposite way for the fourth day in a row on Friday, which adds pressure, since the line pumps fuel from Germany to Poland. 

Putin argues that Warsaw has obstructed Russia from operating the Yamal-Europe pipeline, which operates from Russia to Belarus, to Poland then to Germany. 

Moscow is blamed by Kiev

Ukraine, on the other hand, has recently blamed Moscow for gas shortages. 

Ukraine has announced it filed a complaint with the European Commission against Gazprom, accusing the Russian gas giant of deliberate gas shortage resulting in historically high prices.

Naftogaz accuses Gazprom of sharply reducing the sale of its gas on the European market while freezing supplies from other Russian organizations, preventing the flow of gas from Central Asia through Russia to Europe, and committing a direct breach of European anti-monopoly law.

Approval on hold

When it came to the other Russian competitor, Nord Stream 2, the German energy regulator said in November it was temporarily putting the approval process for the Russian Nord Stream 2 pipeline on hold, under the pretext that the company operating the pipeline must first become compliant with German law.

Germany's move constitutes the latest setback for the Russian energy project, as Western powers have tried to impede it many times in the years since its establishment.

  • gas
  • Nord Stream 2
  • Gazprom
  • Russia
  • Ukraine
  • Germany
  • Poland
  • European Union

Most Read

The damaged building in the Katara neighborhood, Doha, Qatar, September 9, 2025 (Social media)

Hamas delegation survives Israeli assassination attempt in Qatar

  • Politics
  • 9 Sep 2025
Israeli police and rescue teams respond at the scene of a shooting attack where several people killed and injured in Jerusalem, Monday, Sept. 8, 2025 (AP)

Al-Quds shooting: 7 settlers killed, several critically injured

  • Politics
  • 8 Sep 2025
Pro-"Israel" conservative Charlie Kirk shot during Utah speech

American far-right activist Charlie Kirk shot dead during Utah speech

  • US & Canada
  • 11 Sep 2025
Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
People protest against Israeli Prime Minister Benjamin Netanyahu during the 79th session of the United Nations General Assembly, in New York, on Friday, September 27, 2024 (AP)
Politics

'Israel' stops unfunded diplomacy ahead of UN, October 7 memorial

An Israeli Air Force fighter jet releases flares over the Gaza Strip, is seen from southern occupied Palestine, Thursday, May 8, 2025 (AP)
Politics

OIC summit draft: Israeli attack on Qatar risks normalization

People shout slogans and hold Palestinian flags while protesting during the twenty-first stage of La Vuelta cycling race from Alalpardo to Madrid, Spain, Sunday, Sept. 14, 2025. (AP)
Sports

Pro-Palestine protests force abrupt end to Vuelta a España finale

Damage is seen after an Israeli strike targeted a compound that hosted Hamas' political leadership in Doha, Qatar, on Wednesday, September 10, 2025 (AP)
Politics

Israeli regime faces growing isolation over Qatar strike: Reports

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS