It is reported by The National News.
“The problem for Europe is gas and energy, because there is no free capacity.
As you cut supplies from Russia, no one is really stepping up and meeting the additional demand,” Nasser said.
The Financial Times previously wrote that US shale oil and gas producers have warned Europe that they will not be able to increase energy production and increase supplies to the European Union.
At the same time, Norway refused to enter into long-term contracts for the supply of gas to the European Union at a fixed price in order to reduce the costs of consumers in European countries.
An expert in the field of political economy Ahmad Yasin, in an interview with RT, said that European countries have nothing to replace Russian gas with.