Russian Deputy Prime Minister Alexander Novak said on Sunday that gas prices in Europe could continue to rise to new highs in light of short-sighted EU policies.
Novak added that a short-sighted policy would lead to a collapse in European energy markets, especially at the beginning of next winter.
Notably, gas prices reached $3,541 last August, an unprecedented rise compared to the decline in prices during the summer months following an unprecedented increase in March, when prices reached $3,900 per 1,000 cubic meters.
For his part, the head of Gazprom, Alexei Miller, pointed out that in the coming autumn-winter season, gas prices could exceed $4,000 per thousand cubic meters.
According to a TASS report, energy experts expect gas prices to rise above $5,000 per 1,000 cubic meters in the event of severe winter depressions.
Source: TASS