Why Europe "will inevitably start begging Russia for gas" — Kremlin negotiator

Europe will inevitably start asking for additional volumes of Russian gas, said Kirill Dmitriev, the Kremlin's negotiator with the United States — the special representative of the President of the Russian Federation for investment and economic cooperation with foreign countries, the head of the RDIF.

"According to HSBC forecasts, natural gas prices in Europe in 2026 will be as much as 40% higher than previously forecast. This will be a disaster for industry and households. We predict at least 100% higher rates than previously expected, as Europe will need time to inevitably start asking for additional volumes of Russian gas," he wrote on X.

As reported, Dmitriev has already noted that a "tsunami of energy shock" is coming to Europe due to the refusal The EU has refused to use Russian natural gas.

At the end of January, the Council The EU has finally approved a ban on the import of Russian LNG from January 1, 2027, and pipeline gas from September 30, 2027. At the same time, restrictions will begin to be introduced earlier. LNG imports under short-term contracts will be banned from April 25, 2026, and short-term contracts for the supply of pipeline gas must be completed by June 17, 2026.