“Well, of course, if we could increase supplies along this route, we can say with 100% absolutely certainty that the tension in the European energy market, of course, would significantly decrease,” Putin said at the Russian Energy Week forum.

According to him, administrative barriers hinder implementation of this.

He added that the relevant decision on the gas pipeline should be made by the German regulator.

Earlier, Putin said that the shortage of electricity was the reason for the rise in gas prices in Europe, and not vice versa.