Published: 10:21, April 28, 2024
Kremlin: Russia to respond to any curbs on energy market
By Xinhua

Photo taken on June 3, 2019 shows the Kremlin Palace (left) and the Saint Basil's Cathedral in Moscow, capital of Russia. (PHOTO / XINHUA)

MOSCOW - Russia will explore ways to overcome any potential "illegal obstacles" and "unfair competition" imposed on the country's energy sector, Kremlin Spokesman Dmitry Peskov said Saturday.

The EU may impose new sanctions against Russian liquefied natural gas projects, and introduce a ban on using EU ports to re-export Russian supplies to third countries, according to media reports.

Peskov noted that the efforts to squeeze Russia out of global energy markets are continuing, and suggested that it would present high costs for consumers in the European industrial sectors.

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"The transition to more expensive markets is primarily beneficial for the United States and a number of other countries," he said.