The head of NOVATEK predicted a difficult winter for the gas market – RT in Russian

A tough winter is expected on the gas market, said the head of NOVATEK, Leonid Mikhelson. According to him, prices on the gas market will no longer return to the level of 2019.

“It is impossible to exist for a long time in such a volatile gas market, the winter will probably be hard,” Mikhelson quotes. RIA Novosti.

He ruled out the possibility of gas prices reaching the 2019 level.

“Since the second quarter, the market will still stabilize, having dropped sharply, but we will probably not return to the prices that were in 2019,” Mikhelson explained.

Earlier, Russian President Vladimir Putin asked Gazprom to increase the volume of gas in European underground storage facilities after filling Russian UGS facilities.

Source: RT на русском by

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