He noted that at the same time, the European market is still relevant for Russia - there is a demand for gas there.
In addition, according to Novak, European colleagues are asking to increase the volumes of the infrastructure involved - the Turkish Stream and the Blue Stream, and also part of it goes through the Ukrainian infrastructure.
“But given the general political mood to reduce dependence on the volume of deliveries from Russia, we will redistribute this volume to other markets.
Because our gas is in demand, it is cheap, we have large gas reserves, we will develop these areas, ”RIA Novosti quotes the politician.
Novak also expects that prices for petroleum products in Europe after the embargo on supplies from Russia in February could soar.
Earlier, Russian President Vladimir Putin announced the signing of a decree on retaliatory measures to introduce a cap on oil prices in the near future.