Russia Seeing Record Gas Demand but Still Ready to Boost EU Supplies, Novak Says

Russia Seeing Record Gas Demand but Still Ready to Boost EU Supplies, Novak Says
Flames from a gas burner are reflected on a cooker in a private home in Bad Honnef near Bonn, Germany on Oct. 11, 2021. Wolfgang Rattay/Reuters
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MOSCOW—Russian gas consumption is running at a record high but Moscow is still ready to increase supplies to Europe should it receive such requests, Deputy Prime Minister Alexander Novak said on Saturday.

European spot gas prices have surged by 800 percent this year as demand has recovered after the coronavirus pandemic. Prices eased earlier this month after Russia, Europe’s key gas supplier, said it could deliver more, but these supplies have yet to materialize.